The IOAZ (Income Provision for Older and Partially Work-Disabled Former Self-Employed Persons) provides financial support to older entrepreneurs in Rijswijk who have had to stop their business. Your assets are not taken into account in this regard.
What does the IOAZ entail?
The IOAZ supports self-employed entrepreneurs in the following situations:
- Age of 55 years or older (or partially work-disabled)
- Business has been terminated or will be terminated soon
- Worked as self-employed for at least 10 years, or 3 of the last 5 years
- Income is below the social minimum
Conditions for IOAZ in Rijswijk
| Criterion | Explanation |
|---|---|
| Age requirement | 55 years or older (or partially work-disabled) |
| Work history | Annually active as self-employed for at least 1,225 hours |
| Period as entrepreneur | 10 years, or 3 years in the last 5 years |
| Cessation of business | Business (almost) stopped due to too low income |
| Income threshold | Expected income below the social minimum |
Why choose IOAZ over social assistance?
- No assets check: savings and home are not taken into account
- Business proceeds: proceeds from the sale of your business do not need to be spent
- Pension scheme: specifically separated pension assets remain out of consideration
Amount of the IOAZ benefit
The IOAZ supplements your income up to the social assistance norm:
- Single: € 1,281 net per month (2024)
- Cohabiting/married: € 1,830 net per month jointly
How do I apply for IOAZ in Rijswijk?
The application for IOAZ is made via the municipality of Rijswijk, ideally before the termination of your business. Required documents are:
- Financial statements for the past 3 years
- Proof or plan of business cessation
- Registration with the Chamber of Commerce (extract)
Frequently asked questions about IOAZ in Rijswijk
Is it possible to apply for IOAZ while my business is still active?
Yes, you can submit an application up to 18 months before the expected cessation. This is recommended for a seamless transition.
Is the proceeds from my business sale taken into account?
No, under the IOAZ your assets play no role. You do not need to spend the sales proceeds first.
Am I required to apply for jobs with an IOAZ benefit?
Yes, even with an IOAZ benefit you must actively seek work and cooperate in reintegration programmes.
Additional questions about IOAZ
How long does the processing of an IOAZ application in Rijswijk take?
The processing time varies, but is often between 8 and 12 weeks. Ensure you submit all documents completely to avoid delays. Apply in good time via the municipality of Rijswijk to avoid income problems.
What if my income turns out higher after IOAZ is granted?
If your income exceeds the social assistance norm, your benefit may be reduced or terminated. You must report changes in income immediately to the municipality of Rijswijk to prevent repayment.
Can I apply for IOAZ if I work in paid employment alongside my business?
Yes, provided your total income remains below the social minimum. The municipality of Rijswijk will assess whether you have worked sufficiently as self-employed and whether your business (almost) has stopped.
What if I do not fully stop my business, but work fewer hours?
IOAZ is aimed at full (or almost full) business cessation. If you continue activities, you may not qualify. Consult the municipality of Rijswijk about your situation or alternatives such as BBZ.
What about the job application obligation with IOAZ?
With IOAZ you must actively seek work, register with the UWV and accept offered work. The municipality of Rijswijk may check this, and refusal without a valid reason may result in termination of your benefit.
Is my partner's income taken into account for IOAZ?
No, only your personal income and assets are assessed. Your partner's income has no influence on your entitlement to IOAZ in Rijswijk.
Contact and support: For more information or legal assistance, you can go to the Juridisch Loket Rijswijk. For cases that go to court, Rijswijk falls under the Rechtbank Den Haag.