Permanent Fund dividend will be $1606 - Must Read Alaska
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Friday, July 10, 2020
HomeThe 907Permanent Fund dividend will be $1606

Permanent Fund dividend will be $1606

Gov. Michael Dunleavy said today the exact amount of the Permanent Fund dividend will be $1,606, which is $6 more than the estimated amount that has been talked about in recent months, but $1,400 less than what was legally called for by the statutory formula.

The governor made the announcement today at a press briefing that covered several topics, including the announcement of Rep. Josh Revak as the governor’s next choice for Senate Seat M.

The Legislature allocated approximately $1,013,000,000 for this year’s Permanent Fund dividend, paid to Alaskans who qualify. Gov. Dunleavy has fought for the entire PFD to be paid out to Alaskans, and it has set him at odds with many in the Legislature, including Republicans.

Those who filed online and chose direct deposit will see the funds in their bank accounts about Oct. 3, while paper applicants or those who will take the dividend by state warrant will not see funds until the third week of October or later.

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Suzanne Downing had careers in business and journalism before serving as the Director of Faith and Community-based Initiatives for Florida Gov. Jeb Bush and returning to Alaska to serve as speechwriter for Gov. Sean Parnell. Born on the Oregon coast, she moved to Alaska in 1969.

Latest comments

  • Yeah, that’s about $1400 less than what we should get after Bryce Edgmon got his hands on it. Next election is going to be interesting.

  • Talked to a few neighbors today.

    Sadly, ALL of them said no more votes for Dunleavy unless they are made whole on their PFD’s stolen by former governor Bill Walker.

    Let’s all be adults about this, it will NEVER happen via the legislature with people like Cathy Giessel or Gary Knopp, etc.

    Just sayin’!

    • I don’t get why people are still foolish enough to blame Dunleavy, when It was Walker and those in the current legislature who deliberately stopped the full PFDs. They need to keep in mind that at least Dunleavy got it up to 1606 rather than the 900 they were wanting. I’m sure the $900 was simply a ploy to keep it at half, but Dunleavy knows this and is still trying to get us a full and retroactive payment. Those neighbors need to use their brains. I’m sure you explained to them the error of their thinking, right?

  • I just find it funny that the government is above the law and can do WHATEVER they want!!!!!

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