Some residents who have yet to receive their payments from the Alaska Department of Revenue as part of the Permanent Fund Dividend will receive their checks today.
Those with the “Eligible-Not Paid” status as of March 13 who had not received their checks from the state program from 2023 or earlier will get their payment on Thursday, according to the state. Those who have already received their PFD payments for last year or earlier will not get another check on Thursday.
The Permanent Fund Dividend sends out checks each year, determined by Alaska’s annual mineral revenues. In 2023, the payment from the program was worth $1,312 per resident, with distribution for that check beginning in October of last year.
“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
To be eligible for the Permanent Fund Dividend program, Alaskans must intend to remain a resident of the state indefinitely and may not be a convicted felon, among other requirements. Applications for the 2024 Permanent Fund Dividend are open from now until March 31, and the application may be filled out either online or via paper form.
Additional details about on the Permanent Fund Dividend, including eligibility requirements and how to apply, can be found on the Alaska Department of Revenue’s website.
