The IOAZ (Income Provision for Older and Partially Occupationally Disabled Former Self-Employed Persons) provides financial support to older entrepreneurs in Zoetermeer who have had to stop their business. Your assets play no role in this.
What does the IOAZ entail?
This benefit is for self-employed persons in Zoetermeer who meet the following criteria:
- Be 55 years or older (or partially occupationally disabled)
- Have ceased their enterprise or plan to do so
- Have been an entrepreneur for at least 10 years (or 3 of the past 5 years)
- Have an income below the social minimum
Conditions for the IOAZ in Zoetermeer
| Condition | Description |
|---|---|
| Age | From 55 years (or partially occupationally disabled) |
| Work Experience | At least 1,225 hours per year active as an entrepreneur |
| Period as Entrepreneur | 10 years or 3 of the last 5 years |
| Cessation of Business | Business (almost) stopped due to insufficient income |
| Income | 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: income from the sale of your business does not need to be spent
- Pension Scheme: segregated pension assets are disregarded
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 Zoetermeer?
You can apply for the IOAZ with the Municipality of Zoetermeer, ideally before the cessation of your business. Required documents are:
- Financial statements for the past 3 years
- Proof or plan of business cessation
- Chamber of Commerce registration
Frequently Asked Questions about IOAZ in Zoetermeer
Can I apply for IOAZ while my business is still active?
Yes, it is possible to 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, no account is taken of your assets. You do not need to spend the sale proceeds first.
Am I required to job search with an IOAZ benefit?
Yes, you must actively seek work and cooperate in reintegration programs, also in Zoetermeer.
Additional Frequently Asked Questions
How long does processing an IOAZ application in Zoetermeer take?
The processing time varies, but is often between 8 and 12 weeks. Submit all documents completely to avoid delays. Apply in time via the Municipality of Zoetermeer.
What if my income turns out higher after approval?
If your income exceeds the social assistance norm, the benefit may be reduced or terminated. Report income changes immediately to the municipality to prevent repayment.
Can I apply for IOAZ with a salaried job?
Yes, provided your total income remains below the social minimum. The Municipality of Zoetermeer assesses your situation and business cessation.
What if I do not fully stop my business?
IOAZ is intended for those who (almost) fully cease. With partial continuation, you may not qualify. Consult the Municipality of Zoetermeer about options such as BBZ.
How does the job search obligation work with IOAZ?
You must actively apply for jobs, register with the UWV, and accept suitable work. The municipality can check this, and refusal may lead to termination of the benefit.
Is my partner's income taken into account?
No, only your income and assets are assessed for the IOAZ in Zoetermeer.