Stimulus update: Payment worth up to $3,284 from Alaska fund to be sent in two days

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FILE – In this June 15, 2018 file photo, twenty dollar bills are counted in North Andover, Mass. (AP Photo/Elise Amendola, File) Elise Amendola/AP

Stimulus update: Payment worth up to $3,284 from Alaska fund to be sent in two days

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Most recipients of the 2022 Alaska Permanent Fund Dividend payment have received their dividend, but some residents who have not received their payment will receive it in two days.

The $3,284 dividend payments from the Permanent Fund Dividend will be sent out on Sept. 14 to those whose portals had the “eligible-not paid” status on Sept. 6, according to the state.

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“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 last year, regarding the 2022 Permanent Fund Dividend payments.

To qualify for the payment, applicants must be an Alaska resident who intends to remain a resident of the state indefinitely at the time of filling out the application. Other standards to qualify for the payment include not being a convicted felon and not claiming residency in another state during the year of the dividend.

Applications are open to residents from Jan. 1 to March 31 of every year for the dividend program. Although Alaska officials do not generally accept late applications, there are exceptions for some people to apply past the stated deadline.

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The Permanent Fund Dividend sends out payments each year based on state mineral revenues for the year to residents of Alaska “to benefit current and future generations.” The figure from the 2022 dividend was one of the largest in the program’s history.

The payment amount for the 2023 Permanent Fund Dividend has yet to be announced by officials, but the state is expected to start sending out payments for 2023 in October.

© 2023 Washington Examiner

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