Alaska fund stimulus payment of $3,284 to be sent Thursday.
Some eligible residents to receive their 2022 Alaska Permanent Fund Dividend payment
Exciting news for eligible residents who have been eagerly awaiting their payment from the 2022 Alaska Permanent Fund Dividend! The wait is finally over as the dividend payment will be sent out on Thursday.
The state has announced that individuals who had the “eligible not paid” status as of September 6 will receive a payment of $3,284, which is the amount from last year’s Permanent Fund Dividend.
Inflation rises to 3.7% in August, driven by gas prices
The Permanent Fund Dividend payment amounts are determined by the state mineral revenues for that year and are specifically designed to benefit both current and future generations of Alaskan residents.
In 2022, Governor Mike Dunleavy (R-AK) highlighted the significance of the Permanent Fund Dividend, stating that the $3,284 payment, or a total of $13,000 for a family of four, can greatly assist in offsetting the soaring costs of energy and food, preparing for winter, paying off debts, saving for college, or any other purpose.
To be eligible for the yearly dividend payment, applicants must be Alaska residents who plan to remain residents indefinitely, have no felony convictions, and not claim residency in another state during that year.
Residents of the “Last Frontier” have the opportunity to apply for the yearly payment from January 1 to March 31 each year. However, state officials may make exceptions for certain individuals to apply past the hard deadline.
Click here to read more from The Washington Examiner.
The state’s Permanent Fund Dividend will begin sending out payments for 2023 in October. The payments currently being distributed are from the 2022 Permanent Fund Dividend, which happens to be one of the largest in the program’s history.
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