State-owned corporation managing the Alaska Permanent Fund — the $80+ billion sovereign wealth fund built from oil royalties that pays the annual Permanent Fund Dividend to residents.
801 W 10th St #302, Juneau, AK 99801, USA
Scammers are posing as the PFD to phish Alaskans, and the state says don't bite
Alaskans who moved or changed banks must update their Permanent Fund Dividend records by Monday, Aug. 31, 2026, to be current before October mass payments, and the PFD Division says a fraudulent email using the subject line "IMPORTANT TAX INFORMATION" is circulating.

Bill Walker is backing away from his plan to end the PFD, weeks after proposing it
Gubernatorial candidate and former Gov. Bill Walker is backing away from his proposal to pay a one-time $10,000 dividend and end Alaska's PFD, now pledging a plan to strengthen the dividend.

A new committee would review how the Permanent Fund measures itself
Alaska Permanent Fund Corporation trustees will consider a Benchmark Review Committee to evaluate the performance benchmarks used to measure the $90 billion fund.

AIDEA approves $190 million for ANWR seismic surveys and lease evaluation
AIDEA Board just approved $190 million for ANWR seismic work and potential new lease bids in June 2026, banking on incoming Trump administration to reverse Biden-era restrictions that made previous leases economically unviable. This represents one of Alaska's largest-ever investments in Arctic oil development.

Senate panel approves $485 million Department of Revenue budget
The Senate Finance Subcommittee on the Department of Revenue forwarded a $485.1 million budget recommendation to the full Finance Committee, including new auditor positions and rejecting structural changes to the Alaska Permanent Fund Corporation.

Remote Alaska villages pay $6.63 per gallon as fuel costs strain budgets
Alaska Lawmakers Propose Legislative Oversight of $80B Permanent Fund Board
House committee considers requiring legislative confirmation of Alaska Permanent Fund Corporation trustees for the first time since 1982, though constitutional concerns may require a constitutional amendment.