Permanent Fund
RSSAlaska Permanent Fund and PFD: annual amount debates, statutory formula fights, overdraw proposals, spending cap, endowment management
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Alaska Auto-IRA Bill Lets Workers Save PFD for Retirement
Alaska passed auto-IRA bill letting workers save Permanent Fund Dividend checks for retirement. • Program auto-enrolls private workers with paycheck deductions, costs employers nothing. • Targets half of Alaska workers without employer retirement plans. • Addresses senior poverty as Social Security falls short of Alaska living costs.
by Walter AlaskaNews1mo ago1 min readAIJuneau, AK
Darren Morgan Deacon files for Alaska State Senate District S
Darren Morgan Deacon, a former tribal chief from Kalskag, filed as a Republican for Alaska State Senate District S on a platform of full Permanent Fund dividends and subsistence rights protection.
by Walter AlaskaNewsadded 3w ago1 min readAIAlaska
House panel hears electronic pull-tab bill with 35% manufacturer cap
The House Labor and Commerce Committee heard testimony Monday on a bill that would cap manufacturer fees for electronic pull-tabs at 35%, drawing criticism from operators who say the rate is too high compared to Minnesota's 20% cap.
by Alaska News1mo ago4 min readAI1120 Mendenhall Peninsula Road, Juneau, Alaska
The $15,000 PFD buy-out that never got a vote
A 2024 House bill that would have let Alaskans trade future Permanent Fund dividends for a guaranteed $15,000 payout never left committee and died when the Legislature adjourned.
by Alaska News3w ago2 min readAIAlaska
Alaska Senate passes $13.9B operating budget with $200 energy relief
Alaska Senate approved $13.9B budget with $200 energy relief per person added to Permanent Fund Dividend. • Budget passed 17-3 and includes $11M for heating assistance and $29.1M in school fuel grants. • Operating budget maintains $44M surplus and now goes to House for final vote.
by Walter AlaskaNews1mo ago2 min readAIJuneau, Alaska
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.
by Alaska News2mo ago3 min readAIAlaska