The Permanent Fund dividend filing season is coming to an end. The filing deadline is March 31, 2025. More than 555,380 people have applied so far, all hoping to get hefty bit of financial help come October.
- The online application will be available until March 31 through 11:59 pm. The PFD office lobbies and phone queue will be available Monday through Friday 10 am to 4 pm through this Friday, March 28.
Monday, March 31, is a state holiday, Seward’s Day, but the PFD division offices will be open to the public to collect applications from 9 am to 4 pm. The phone queue will not be open on Monday.
On March 31:
- The Anchorage and Fairbanks office lobbies will be open.
- The State Office Building in Juneau is usually closed on state holidays but on Monday the Permanent Fund Division office staff will be available for paper application pick up/drop off with a table on the 8th floor near the security desk. State Office Building front door entrances will be open from 9 am to 4 pm on both the Willoughby Ave. entrance and West 4th Street entrance. The elevator from Willoughby will only go as far as the 8th floor.
PFD applications received or postmarked after March 31, 2025, will be denied as late.
Payments are typically distributed in early October. In 2024, payments began on October 3 for those who filed electronically with direct deposit, with subsequent disbursements later in the month for other eligible applicants. Assuming a similar timeline, you can expect 2025 dividend payments to start around October 3 for direct deposit recipients, with paper checks and later batches following in the weeks after.
The amount may vary, depending on how much the Legislature takes for other purposes. The debate goes on in the halls of the Capitol. While Gov. Mike Dunleavy has budgeted a full Permanent Fund dividend, there has not been one since 2016, when Gov. Bill Walker used his veto power to reduce the dividend amount from what the Legislature had approved, capping it at $1,000 per Alaskan instead of the anticipated higher amount of approximately $2,052.
The rationale Walker used was low oil prices. The average price for Alaska North Slope crude in 2016 was approximately $42.91 per barrel.
Since then, the Legislature has followed suit. Even though the price of Alaska oil is in the high $70s per barrel, the Democrats who control the Legislature are likely to take 75% of Alaskans’ dividends to pay for ever-increasing cost of government.
Alaska’s PFD, established in 1976 and first paid out in 1982, is funded by revenues from the state’s oil production. The Alaska Permanent Fund invests the revenues, and each year, eligible residents receive a dividend—typically ranging from $1,000 to $2,000 per person, though amounts vary based on investment performance and legislative decisions.
The dividend represents Alaskans’ ownership of the subsurface rights of the land, since no person or company in Alaska can own subsurface rights, as those rights belong to all the residents.
In 2024, the dividend was $1,312 per resident. What makes it unique in the U.S. is its universal nature: every resident, regardless of income, age, or status, gets the same payout as long as they’ve lived in Alaska for at least a year and intend to stay. Therefore, when the dividend is cut by the Legislature, it harms the poorest Alaskans most.
That’s funny, Grok says, The 2024 Alaska Permanent Fund Dividend (PFD) was $1,702. This amount included a standard dividend of $1,403.83 plus a one-time energy relief payment of $298.17, as announced by the Alaska Department of Revenue on September 19, 2024. non of the numbers match $1312.
Right and the energy relief payment isn’t supposed to be included with the PFD it should be a different check. Pre irs as they sent me a letter that I payed taxes on it and how it should have been. No taxes on the energy relief, I didn’t amend which they I could do. I wish the state would do things the honest fair way in this situation. Walker should have never been able to do what he did. These people are corrupt not looking out for the people of AK. I hope it catches up to them soon.
Well… It’s very likely the last PFD you’ll ever see if the Senate and House majorities get their way to increased and unhindered spending…
Lyman Hoffman has a Bill to neuter the legal wording for the Statutory distribution of a full PFD… Whoops 😬, I mean any PFD…
Guaranteed Hoffman and Bryce Edgmon’s legacy is going to be ” the greatest thieves in Alaskan history”. They already stole over $10 Billion from the PFD program that is the peoples share of our collectively owned natural resources…
They’re current proposed deficit budget is looking like an 85/15 PFD payout…. Approximately $645 per PFD…
If Bryce Edgmon gets his way, the payout will be $0.00… and he owns Nellie Jimmie….. He pulls her strings and she votes for increased spending, to be paid with your stolen PFD and imaginary fairy dust… They have a $178 million Supplemental Budget ( to cover last years under budgeting) and a forever growing $400+ Million forward spending deficit…
Be sure to file by the deadline….. Just remember in the next election that Edgmon and Jimmie know how to spend it better than you…
Are you trying to tell us we cant trust a politician named Lieman? Lol At least he was named appropriately.
Convince me it will exist 3 years from now.
When the dividend is cut by the Legislature, it harms the poorest Alaskans most, And the Legislature’s don’t care
The Alaska Supreme Court ruled that the word “fund” made the payout unconstitutional. It’s not a fund, its a “dividend.”
The dividend is appropriated to each Alaskan resident by way of a formula from oil royalties established under a statute created by the Legislature.
Hello!!
Why are we still having this debate?
The disgraced, former governor, Bill Walker, is responsible for the turmoil that now frustrates the tail end of every legislative session during the past 10 years.
Pay out the full statutory “dividend,” and let’s move on.
If Alaska let DOGE come into all the State departments and cut out the fat like the Federal Govt is doing and we still have a shortage, then and only then should there ever be talk of a new tax.
How does a politician from Bethel justify taking money from very low income voters and pass it on to the Bethel ‘professional’ class?
The YK Delta should vote these jerks out.
PS: Trump won about 40 villages last election, so there is hope.
The 2024 PFD was in the amount of $1702, not the $1312 listed above.
The 2023 PFD was $1312
I remember the dividend for one of the early years was $300.00. I will be surprised if it is that much this year. The education industry will get their big increase this year, but it will do nothing for our failing scholastic scores.
“When the dividend is cut by the legislature, it hurst the poorest Alaskans the most”. Maybe, but the poorest Alaskans I know blow the money (Hawaii here we come) and still are broke. The smart Alaskans save a little for hard times. Or for their kids.
hurts, not hurst