The Alaska Department of Revenue is slated to send payments from the Permanent Fund Dividend to another batch of residents who have yet to receive their checks from the program in 13 days.
The Alaskans who will get their PFD check on March 21 include those with the “Eligible-Not Paid” status as of Wednesday who also have yet to get their PFD payments for 2023 or earlier.
The Permanent Fund Dividend determines its payment amounts based on the state’s annual mineral revenues for that year. In 2023, the PFD check was worth $1,312, and distribution began in October.
“The 2023 PFD marks the 42nd year Alaskans have received their share of the state’s natural resource wealth,” Alaska Department of Revenue Commissioner Adam Crum said in a statement about the 2023 payment. “I would like to thank our Permanent Fund Dividend Division for their tireless work year-round in administering the program and processing the applications.”
“This year, we processed over 8,000 more applications than in 2022,” Crum added. “The 2023 PFD will inject nearly $1 billion into the state’s economy and directly into the hands of Alaskans.”
An Alaskan must intend to remain a resident of the state indefinitely and may not be a convicted felon, among other requirements, to be eligible for a payment.
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The 2024 Permanent Fund Dividend has applications open until March 31 and may be completed online or via paper form.
Additional information about the program, including eligibility requirements and where to apply, can be found on the state’s PFD website.
