Governor Mike Dunleavy has announced that the electronic distribution of the 2022 Permanent Fund Dividends will begin on September 20th. The September distribution is about a month ahead of the usual payout in early October.
The 2022 PFDs will be a single payment to all eligible Alaskans with applications that have been approved by September 9th and selected direct deposit on their application. Those that filed a paper application or requested a paper check will receive distribution starting the week of October 3rd. The direct deposit distribution will take place approximately three weeks before the traditional distribution in early October, according to the office of Gov. Mike Dunleavy.
Governor Dunleavy said:
“Alaskans have waited seven long years to receive a fair and sizable dividend, and it couldn’t have come at a more important time. Alaskans, especially in rural communities, will have to pay extraordinarily high fuel and heating oil bills this winter, and rampant inflation is forcing all Alaskan families to pay more for basic needs, like food and medicine. We need to stop determining what amount the PFD will be using an arbitrary political process. Alaskans deserve a constitutional amendment that protects the PFD from politicians and special interests, and sets out a funding formula we can all count on.”
I am happy to announce that the PFD deposit day will be early this year, on September 20th, and the dividend is expected to exceed $3,200 per person. Alaskans have waited 7 long years to receive a fair and sizable dividend, and it couldn’t have come at a more important time. pic.twitter.com/eOdb07vqq2
— Governor Mike Dunleavy (@GovDunleavy) July 16, 2022
The Permanent Fund Division is in the process of preparing this year’s dividend for September 20th. The division admits that while some Alaskans were hoping for an earlier distribution, they needed ample time to process as many outstanding applications as possible and to screen out fraudulent applications.