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From 2024 to 2025, the payment corresponding to the Permanent Fund Dividend (PFD) for this year in the state of Alaska, saw a 30% increase and now beneficiaries will receive a check for $1,702, as part of a one-time stimulus payment of $298.17 in energy assistance and the PFD dividend of $1,403.83.
It was in 1976 when the so-called Alaska Permanent Fund was established with the purpose of managing the state's oil revenues and ensuring that its benefits reach the population directly.
The management of these resources ensures an annual income for eligible residents, while boosting the economy by increasing consumption and investment.
What is required to receive the $1,702 payment?
Beneficiaries who opt for PFD payment must have been an Alaska resident for the entire calendar year prior to the date of application and have the intent to remain an Alaska resident indefinitely at the time of application.
Applicants must have spent at least 72 hours in Alaska in the past 24 months.
The applicant must not have been imprisoned for a felony in the last 12 months, nor for a misdemeanor if he or she has been convicted of more than two offenses since January 1, 1997.
If you applied before March 31, are a person with a disability or a military member who was receiving hostile fire or imminent danger pay during that period and applied for the exemption from the Alaska Department of Revenue, you will begin to receive your PFD payment according to this...
Payment schedule
- Dividend requests for 2024 (and earlier years) that are in "Eligible-Unpaid" status on April 9, 2025, will be distributed on April 17, 2025.
- Requests for dividends for 2024 (and earlier years) that are in "Eligible-Unpaid" status on May 7, 2025, will be distributed on May 15, 2025.
It is important to note that the IRS stimulus checks for 2025 (PFD) and energy assistance payments in the United States will be deposited directly, so there is no need for eligible candidates to apply separately, as these payments will be transferred directly to the beneficiaries' bank s or printed checks.
You must update your current information in your IRS and file your tax returns for all previous years.