Registration to sign up for the 2024 permanent fund dividend opened on January 1 and will go through March 31.
While the amount of this year’s PFD won’t be decided until the latter half of the year, Gov. Mike Dunleavy did plan for a full PFD payout in his recent budget proposal. Based on the roughly $2.3 billion in fund earnings available, a full permanent fund dividend is forecasted at around $3,429. Similar numbers were forecasted last year when the governor released his proposed budget, however the budget passed by the Legislature and signed by Dunleavy allocated about $880 million that resulted in a PFD of $1,312.
Dunleavy originally campaigned on restoring a full permanent fund, which was fundamentally changed in 2016 when then Gov. Bill Walker vetoed about half of the statutory PFD. Since elected, Dunleavy has proposed budgets with full PFDs funded under the formula set in a 1982 state law.
Residents can file for their PFD online at pfd.alaska.gov.
According to the MyPFD site: “To be eligible for the PFD check, an applicant must have been an Alaska resident for an entire calendar year preceding the date they applied for a dividend and intend to stay in Alaska indefinitely. Applicants who wish to receive a PFD must also not claim residency in another state or country. Residents who are absent from Alaska for more than 180 days are also not eligible to receive a PFD check.”
