The Permanent Fund Dividend (PFD) will provide a stimulus payment of $1,702 to thousands of Alaskans. This payment, funded by the state’s oil industry profits, is critical for residents, who can help their economy by receiving checks if they meet the eligibility requirements.
The Alaska Permanent Fund was established in 1976 with the goal of saving some of the profits from oil rather than spending them immediately. The fund is managed by the Alaska Permanent Fund Corporation (APFC), which invests in a wide range of assets, including stocks, bonds, and real estate.
What are the dates to receive the $1,702 stimulus payment?
Alaska’s stimulus payment is distributed via different criteria:
What are the requirements to receive Alaska’s $1,702 stimulus payment?
Be an Alaska resident for the entire calendar year prior to payment.
Intend to remain an Alaska resident indefinitely.
Do not claim residency in another state or country.
Meet the physical presence requirements.
