Social Assistance Asset Limit Rotterdam 2024: What May You Own?
The social assistance asset limit in Rotterdam determines how much savings, possessions or other valuable goods you may have when applying for or receiving a social assistance benefit. If your assets exceed this limit, the Municipality of Rotterdam may deny your right to social assistance. These rules fall under the Social Support and Social Assistance Act (Wet werk en bijstand (WWB)) and are updated annually. For 2024, specific limits apply in Rotterdam that are essential for your financial situation.
What Does the Social Assistance Asset Limit in Rotterdam Entail?
The social assistance asset limit Rotterdam is the highest permitted asset amount for social assistance. This includes all your valuable possessions, such as:
- Savings accounts and bank balances
- Cash and surplus possessions
- Vehicles, furniture or additional real estate
- Financial products such as shares and bonds
- Received loans (with possible exceptions)
Legal Frameworks for Social Assistance in Rotterdam
The asset rules are regulated in:
- Social Support and Social Assistance Act (WWB), Article 41: Asset testing for social assistance.
- Social Assistance Decree 2024: Precise limits and countable possessions.
- General Income Tax Act (AWI): Definition of assets.
Asset Limits for Social Assistance Rotterdam 2024
Adjusted annually for inflation, the limits for 2024 in Rotterdam are as follows:
| Category | Asset Limit (2024) | Remarks |
|---|---|---|
| Single person | € 3,000 | Savings, accounts and liquid assets. |
| Family/household | € 6,000 | For multiple persons in Rotterdam. |
| Own home | Up to € 100,000 | Surplus above this amount counts. |
| Car | € 8,000 | Value above this is added to assets. |
| Funeral reserve | € 3,000 | Exempted for funeral costs. |
What Counts as Assets in Rotterdam?
The Municipality of Rotterdam checks:
- Liquid assets: Accounts, savings products and cash.
- Valuable securities: Shares, funds and derivatives.
- Extra possessions: Second vehicles (after exemption), art or holiday home.
- Debt deduction: Mortgage or loans reduce your net assets.
Note: Rotterdam tracks hidden assets, such as cash elsewhere or unreasonable gifts.
What Does Not Count Towards Social Assistance in Rotterdam?
Certain items are exempt, such as the mentioned home and car limits, funeral money and necessary furniture. For advice: District Court Rotterdam (Wilhelminaplein 100-125) or Legal Aid Office Rotterdam (Westblaak 180).