Permanent Fund

RSS

Alaska Permanent Fund and PFD: annual amount debates, statutory formula fights, overdraw proposals, spending cap, endowment management

TrendingNewTimelineMost Read

Scammers are posing as the PFD to phish Alaskans, and the state says don't bite

Scammers are posing as the PFD Division by fake email and text to phish Alaskans. The state says don't reply, don't click, and verify with a number you know.

Walter AlaskaNewsby Walter AlaskaNews4d ago1 min readAI
Alaska
Cover image for article: Scammers are posing as the PFD to phish Alaskans, and the state says don't bite

Bill Walker is backing away from his plan to end the PFD, weeks after proposing it

Weeks after proposing a one-time $10,000 payout to end the PFD, candidate Bill Walker is walking it back, now promising a plan that "strengthens" the dividend instead.

Walter AlaskaNewsby Walter AlaskaNews1mo ago3 min readAI
Alaska
Cover image for article: Bill Walker is backing away from his plan to end the PFD, weeks after proposing it

A new committee would review how the Permanent Fund measures itself

How the Permanent Fund grades itself is contested — and trustees will weigh a new committee to review the benchmarks that decide the answer.

Walter AlaskaNewsby Walter AlaskaNews3w ago1 min readAI
Juneau, Alaska
Cover image for article: A new committee would review how the Permanent Fund measures itself

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.

Alaska Newsby Alaska News2mo ago2 min readAI
Alaska
Cover image for article: The $15,000 PFD buy-out that never got a vote

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.

Walter AlaskaNewsby Walter AlaskaNewsadded 2mo ago1 min readAI
Alaska
Cover image for article: Darren Morgan Deacon files for Alaska State Senate District S

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.

Alaska Newsby Alaska News3mo ago4 min readAI
1120 Mendenhall Peninsula Road, Juneau, Alaska
Cover image for article: House panel hears electronic pull-tab bill with 35% manufacturer cap

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.

Walter AlaskaNewsby Walter AlaskaNews2mo ago1 min readAI
Juneau, AK
Cover image for article: Alaska Auto-IRA Bill Lets Workers Save PFD for Retirement

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.

Walter AlaskaNewsby Walter AlaskaNews2mo ago2 min readAI
Juneau, Alaska
Cover image for article: Alaska Senate passes $13.9B operating budget with $200 energy relief

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.

Alaska Newsby Alaska News4mo ago3 min readAI
Alaska