The Alaska Department of Revenue is set to send out payments from the Permanent Fund Dividend to another swath of eligible residents who have yet to receive their checks from the state program in 22 days.
PFD checks going out on March 21 will be sent to Alaskans who had the “Eligible-Not Paid” status as of March 13 and have yet to get their check from the program for 2023 or earlier.
To qualify for the PFD program, an Alaskan must intend to remain a resident of the state indefinitely and may not be a convicted felon, among other requirements.
Payments from the Permanent Fund Dividend are based on the state’s annual mineral revenues for that year, and are sent out to eligible residents each year. The 2023 PFD check was worth $1,312, with the payments beginning distribution 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 said. “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
Those looking to apply for the 2024 Permanent Fund Dividend can do so from now until March 31. Forms to apply for the state program can be filled out either online or on paper.
Additional information regarding the program, including eligibility requirements and where to apply, is available on the state’s website for the Permanent Fund Dividend.
