Governor Mike Dunleavy announced the Permanent Fund Dividend Division will begin distribution of the 2020 Permanent Fund Dividend to eligible Alaskans on July 1. The announcement came at the end of a press briefing on Wednesday evening.
Governor Dunleavy: “We’re going to move up the date for the PFD for Alaskans to July 1, usually that goes out in October, but we’re in extraordinary times. We need to make sure that people of Alaska have cash in their hands to help with this economy. I can’t think of a better time to do it than now, but we’re going to have to wait for a month and a half. We’re starting that process right now to get it going. So, on July 1, we’ll be sending out Permanent Fund checks to all Alaskans that qualify and are eligible for the PFD.”
The Governor says the economic difficulties taking place right now make it necessary to move the date up: “You know, this has been a difficult situation for everyone. This is an ongoing situation. Individual Alaskans have been hurt economically. Businesses have been hurt economically. We’re going to do all we can to get that going in the right direction.”