Stimulus update: Direct payment of $1,312 to be sent to some Alaskans in 16 days – Washington Examiner

Eligible Alaska residents who have not gotten their payments from the state as part of the Permanent Fund Dividend will receive their checks in 16 days.

Those who will get their payment on April 18 include residents with the “Eligible-Not Paid” status as of April 10 who have yet to receive their checks from the Permanent Fund Dividend program from 2023 or earlier.

To qualify for a payment from the PFD program, an Alaskan must intend to remain a resident of the state indefinitely and may not be a convicted felon, among other stipulations.

Check amounts from the Permanent Fund Dividend are determined by the state’s annual mineral revenues and are sent to eligible residents each year. The payment from the program was worth $1,312 per resident in 2023, and the distribution for that payment began 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 2023 statement. “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.”

Applications for the Permanent Fund Dividend were open from Jan. 1 to Sunday, and the next time applications will be open for the program will be on Jan. 1, 2025. The PFD application may be completed either online or via paper form.

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Eligible residents who have already received their Permanent Fund Dividend checks from last year or earlier will not get an additional payment on April 18.

Additional details about the state’s Permanent Fund Dividend, including eligibility requirements and how to apply, can be found on the Alaska Department of Revenue’s website.

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