Governor Mike Dunleavy announced that the 2024 Alaska Permanent Fund Dividend (PFD) will be $1,718 per eligible resident, slightly higher than initially approved, with applications open from January 1 to March 31.
Alaska Permanent Fund Dividend 2024 – Governor Announces $1,718 Payment for Eligible Residents
According to the report of Marca, Governor Mike Dunleavy has announced that the Alaska Permanent Fund Dividend (PFD) for 2024 will be $1,718 for each eligible Alaskan. This is a bit more than the $1,655 approved earlier, due to extra money the state received after the fiscal year ended. The budget for this year also includes over $230 million in cuts.
To qualify for the Permanent Fund Dividend, you need to have lived in Alaska for the entire previous year and intend to keep living there. You can apply for the dividend from January 1 to March 31 each year. You can fill out your application online through the PFD website with a myAlaska account or submit a paper form. Once your application is submitted, you’ll receive a Confirmation Number to show that it’s complete.
$1,718: Alaska Permanent Fund Dividend Increased for 2024 – Cuts in State Budget Revealed (PHOTO: Juneau Empire)
Alaska Permanent Fund Dividend Special Rules: What You Need to Know for Disabilities, Military, and More
There are special rules for some cases, like if you have a disability, are filing for someone who has died, or are in the military in a danger zone. The Permanent Fund Dividend program wants to make sure people who live in Alaska get their share of the state’s oil money, so it is important to follow all the rules and requirements from the Alaska Department of Revenue.
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