A camshaft phaser including a locking clearance setting pin is provided. The camshaft phaser includes a stator including a first plurality of pin holes extending axially in at least one of the radially inwardly extending lobes arranged along an arcuate path. A locking cover engages against a first axial end face of the stator and includes a locking pin bore and a second plurality of pin holes arranged along the arcuate path and angularly spaced apart from one another by a different angular spacing than the first plurality of pin holes. A pin extends through a respective one of the first plurality of pin holes and a corresponding one of the second plurality of pin holes, such that a location of the pin sets an angular adjustment of the locking pin bore relative to the stator.