In three weeks, the Alaska Department of Revenue is set to send out checks from the Permanent Fund Dividend to another group of eligible residents who have yet to receive their checks from the state program.
The Alaskans who will get PFD checks on March 21 include those with the “Eligible-Not Paid” status as of March 13 and have yet to get their payment from the program for 2023 or earlier.
The Permanent Fund Dividend bases its payment amounts on the state’s annual mineral revenues for that year and is sent out to eligible residents each year. In 2023, the PFD check was worth $1,312, with the payments beginning distribution in October of that 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.”
An applicant must intend to remain a resident of Alaska indefinitely and may not be a convicted felon, among other requirements, to be eligible for the program
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Applications for the 2024 Permanent Fund Dividend are open from now through March 31. Those seeking to apply for the state program can do so either online or via paper form.
More information about the program, including eligibility requirements and where to apply, is available on the state’s website.
