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

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Alaska Permanent Fund hits $91.9 billion with a 12.4% return

The Alaska Permanent Fund turns 50 worth $91.9 billion after a 12.4% return. Its trustees want the annual draw locked into the state constitution.

Walter AlaskaNewsby Walter AlaskaNews8h ago2 min read
Alaska
Cover image for article: Alaska Permanent Fund hits $91.9 billion with a 12.4% return

Wisconsin-based organizing group recruits paid Alaskans to talk with friends before the Nov. 3 election

A Wisconsin group is offering Alaskans "up to $250+" to talk with friends about the PFD and cost of living. It's part of a national program.

Maggie AlaskaNewsby Maggie AlaskaNews3d ago2 min read
Cover image for article: Wisconsin-based organizing group recruits paid Alaskans to talk with friends before the Nov. 3 election

Permanent Fund has $5.7B uncommitted after reserving next draw, inflation transfer

The Permanent Fund had $5.7B uncommitted July 31 after reserving $4.1B for the next draw and $1.7B for inflation proofing.

Walter AlaskaNewsby Walter AlaskaNews1w ago1 min read
Alaska
Cover image for article: Permanent Fund has $5.7B uncommitted after reserving next draw, inflation transfer

PFD pays Oct. 1 by direct deposit, Oct. 22 for paper filers

The state still hasn't posted what this year's dividend is worth, and the first payments go out Oct. 1. Paper filers wait until Oct. 22 for theirs.

Walter AlaskaNewsby Walter AlaskaNews1w ago2 min read
Alaska
Cover image for article: PFD pays Oct. 1 by direct deposit, Oct. 22 for paper filers

The Permanent Fund earned a record $8.2 billion the Legislature can appropriate

The Permanent Fund earned a record $8.2 billion that lawmakers can spend. Nothing has been appropriated for inflation-proofing in three years.

Walter AlaskaNewsby Walter AlaskaNews2w ago2 min read
Alaska
Cover image for article: The Permanent Fund earned a record $8.2 billion the Legislature can appropriate

Alaska's Permanent Fund had a banner year, but the money is spoken for

Alaska's Permanent Fund had a banner year, but the state has already spent it — on the budget, dividend and inflation protection, reviving a fiscal fight.

Walter AlaskaNewsby Walter AlaskaNews3w ago4 min read
Alaska1
Cover image for article: Alaska's Permanent Fund had a banner year, but the money is spoken for

The Permanent Fund wants $215 million to run itself

The Permanent Fund wants $215.4 million to run itself next year, three-quarters of it going to the outside firms that manage the money.

Walter AlaskaNewsby Walter AlaskaNews3w ago2 min read
Alaska
Cover image for article: The Permanent Fund wants $215 million to run itself

The Permanent Fund earned $8.2 billion and none of it went into protected principal

The Permanent Fund earned $8.2 billion last year and moved none of it into the part of the fund Alaskans cannot spend. That is two years running.

Walter AlaskaNewsby Walter AlaskaNews3w ago2 min read
Alaska
Cover image for article: The Permanent Fund earned $8.2 billion and none of it went into protected principal

The Permanent Fund's dividend account is running about $400 million ahead

The account that pays the Permanent Fund dividend held about $400 million more than it needs, a 7% cushion. No inflation proofing was appropriated for 2026.

Walter AlaskaNewsby Walter AlaskaNewsadded 1mo ago2 min read
Alaska
Cover image for article: The Permanent Fund's dividend account is running about $400 million ahead

An advocacy group argues that cutting the dividend is a hidden tax. Whether it is depends on a question Alaska has never settled.

An advocacy group calls dividend cuts a hidden tax, but whether that's the right word turns on an unsettled question of what the PFD fundamentally is.

Walter AlaskaNewsby Walter AlaskaNews1mo ago3 min read
Alaska
Cover image for article: An advocacy group argues that cutting the dividend is a hidden tax. Whether it is depends on a question Alaska has never settled.

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 AlaskaNews1mo ago1 min read
Alaska
Cover image for article: Scammers are posing as the PFD to phish Alaskans, and the state says don't bite

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 AlaskaNews2mo ago1 min read
Juneau, Alaska
Cover image for article: A new committee would review how the Permanent Fund measures itself

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 AlaskaNews2mo ago3 min read
Alaska
Cover image for article: Bill Walker is backing away from his plan to end the PFD, weeks after proposing it

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 News3mo ago2 min read
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 3mo ago1 min read
Alaska
Cover image for article: Darren Morgan Deacon files for Alaska State Senate District S

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 AlaskaNews4mo ago1 min read
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 AlaskaNews4mo ago2 min read
Juneau, Alaska
Cover image for article: Alaska Senate passes $13.9B operating budget with $200 energy relief

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 News4mo ago4 min read
1120 Mendenhall Peninsula Road, Juneau, Alaska
Cover image for article: House panel hears electronic pull-tab bill with 35% manufacturer cap

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 News5mo ago3 min read
Alaska