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

September 13, 2023 03:32 PM


While most people who are eligible for the 2022 Alaska Permanent Fund Dividend have gotten their payment, some residents who have not gotten their dividend will receive it in one day.

The payments of up to $3,284 from the Permanent Fund Dividend are slated to be sent on Sept. 14 to those who had the “eligible-not paid” status as of Sept. 6, per 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, regarding the 2022 Permanent Fund Dividend payments.

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

Alaska residents can apply for the dividend from Jan. 1 to March 31 of each year, with exceptions for some people to apply past the hard deadline.

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Eligibility requirements for the payment include being an Alaska resident who intends to remain a resident of the state indefinitely at the time of filling out the application. Other qualifications or the payment include not being a convicted felon and not claiming residency in another state during the year of the dividend.

The payments being sent out on Thursday are from the 2022 Permanent Fund Dividend. The 2022 Permanent Fund Dividend will start sending out payments for 2023 in October.

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