Stimulus update: Payment worth up to $3,284 from Alaska fund sent out in four days
Jack Birle
Video Embed
The 2022 Alaska Permanent Fund Dividend payment has been delivered to most recipients, but some remaining residents are scheduled to receive their dividend in four days.
The payments of $3,284 from the program are set to be delivered on Sept. 14, and they will go to people whose applications had the “eligible-not paid” status on Sept. 6, per the state. The payments are from the 2022 dividend.
MASSACHUSETTS TEACHERS UNION WANTS TO END STANDARDIZED TEST REQUIREMENT FOR GRADUATION
The dividend program has applications open from Jan. 1 to March 31 of every year, and while the state does not generally accept late applications, there are exceptions for some people to apply past the deadline.
The recipient must be an Alaska resident who intends to remain a resident of the state indefinitely at the time of filling out the application in order to qualify, and other standards include not being a convicted felon and not claiming residency in another state during the year of the dividend.
Payments from the Permanent Fund Dividend each year are based on state mineral revenues for the year and are paid out to residents of Alaska “to benefit current and future generations.” The 2022 figure was one of the largest in the program’s history.
CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER
“The PFD at $3,284, a total of $13,000 for a family of four, can go a long way in offsetting the record-high costs of energy and food we’re experiencing, preparing for winter, paying off debt, saving for college, or any number of other purposes,” Gov. Mike Dunleavy (R-AK) said in a statement in 2022, regarding the 2022 Permanent Fund Dividend payments.
The payment amounts for the 2023 Permanent Fund Dividend have yet to be announced by state officials, but they are expected to be sent out starting in October.