Alaska residents can expect their Permanent Fund Dividend (PFD) payments to arrive on schedule, providing financial relief and boosting the state’s economy. The PFD, which comes from oil and energy revenues, has been supporting Alaskans since 1976.
This year, the dividend amount has increased significantly, helping families cover essential expenses.
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Amount
For 2024, the PFD has been set at $1,702, marking a 30% increase from the previous year. This total includes:
- $1,403.83 from the Permanent Fund Dividend
- $298.17 as a one-time energy assistance payment
This increase is expected to enhance household spending and contribute to local economic growth.
Eligibility
Not everyone qualifies for the PFD. To be eligible, applicants must:
- Have lived in Alaska for one full year before applying
- Have spent at least 72 hours in the state in the past two years
- Not have been incarcerated for a felony in the last year
- Not have been convicted of more than two misdemeanors since January 1, 1997
Application
The deadline to apply for the 2024 PFD is March 31, 2024. Applications can be submitted:
- Online at pfd.alaska.gov
- By mail to the appropriate state office
Payment Schedule
Alaskans can expect their payments according to the following schedule:
| Status | Payment Date |
|---|---|
| Eligible-Unpaid as of March 12, 2025 | March 20, 2025 |
| Eligible-Unpaid as of April 9, 2025 | April 17, 2025 |
If your status is marked as “Eligible-Unpaid,” be sure to check your application details to avoid delays.
The PFD plays a crucial role in supporting Alaskan families and stimulating the local economy. With payments arriving as planned, residents can rely on this financial boost to help manage expenses and invest in their communities.
FAQs
How much is the 2024 PFD payment?
The 2024 PFD payment is $1,702, including an energy assistance check.
Who is eligible for the PFD?
Residents who have lived in Alaska for a year and meet other criteria.
When is the application deadline?
The deadline to apply for the 2024 PFD is March 31, 2024.
How do I apply for the PFD?
You can apply online at pfd.alaska.gov or by mail.
When will PFD payments be issued?
Payments will be distributed on March 20 and April 17, 2025, depending on eligibility status.
