November 22, 2024
Eligible residents who have not gotten their payments from the Alaska‘s Department of Revenue as part of the Permanent Fund Dividend program will get their checks in three days. Those who have yet to receive their payments from the PFD program from 2023, or earlier, and had the “Eligible-Not Paid” status by last Wednesday, will get their check from the […]

Eligible residents who have not gotten their payments from the Alaska‘s Department of Revenue as part of the Permanent Fund Dividend program will get their checks in three days.

Those who have yet to receive their payments from the PFD program from 2023, or earlier, and had the “Eligible-Not Paid” status by last Wednesday, will get their check from the program on Thursday. Those who have already received their payments for 2023 or earlier will not get an additional check.

To qualify for a payment from the program, an applicant must intend to remain a resident of Alaska indefinitely and not be a convicted felon, among other stipulations.

The Permanent Fund Dividend program offers residents check amounts that vary by year and is determined by Alaska’s annual mineral revenues for that year. The check was worth $1,312 for 2023 and began going out to eligible residents in October 2023.

“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 2023 statement. “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.”

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

The state had applications for the Permanent Fund Dividend open earlier this year, from Jan. 1 until March 31, and they could be completed either online or via paper form during that time.

Alaska’s website for the Permanent Fund Dividend offers additional information on the program, including additional eligibility requirements and how to apply for a payment from the program.

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