What is an IOW benefit?
IOW benefit stands for Income Support for Older Unemployed Persons.
Level of IOW benefit
When the amount of the benefit is determined, it will never exceed the social minimum for single persons. This is 70% of the minimum wage. Next, the UWV looks at income, not personal assets, and a partner's income and assets are not taken into account either.
Applying for IOW benefit after receiving another benefit
Do you want to apply for IOW benefit after your WW benefit ends? You can apply for IOW benefit from 5 weeks before your WW benefit expires.
Do you want to apply for IOW benefit after a wage-related WGA benefit has ended? You can do so using an application form on the UWV website.