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Alaska residents have the chance to receive up to $1,312 from the Permanent Fund Dividend (PFD) program for eligible participants. Those with an "Eligible-Not Paid" status will receive their payments in 2024, providing a financial boost to many in the state.
The PFD program started disbursing payments in October 2023, following the completion of electronic applications. The Alaska Department of Revenue continues to distribute these funds, either via mail or direct deposit, as part of its efforts to stimulate the state's economy.
Applicants with an "Eligible-Not Paid" status as of July 10, 2024, can expect their payment by July 18. Those who reached this status by June 12, 2024, received their payments on June 20. The final group, with an "Eligible-Not Paid" status by August 7, will get their payments on August 15.
Applicants can monitor their status online through the myPFD portal on the PFD Alaska website. They can update their address digitally or submit a printed form to an Alaska government office if needed.
Genevieve Wojtusik, the Division Director, emphasized the Permanent Fund Dividend Division's commitment to ensuring all eligible Alaskans receive their dividends on time.
"Our mission is to administer the permanent fund dividend program assuring that all eligible Alaskans receive timely dividends, fraud is prosecuted, and all internal and external stakeholders are treated with respect," Wojtusik said.
How can you claim this payment coming in July?
The deadline to apply for the Permanent Fund Dividend (PFD) is March 31 of the application year. Exceptions exist for certain circumstances, such as applicants who are disabled, filing on behalf of a deceased individual, or military personnel receiving hostile fire or imminent danger pay during the application period.
From January 1 to March 31, you can begin the application process by visiting the official homepage and selecting "CLICK HERE TO FILE YOUR ONLINE APPLICATION."
You have several options to choose from: use your existing myAlaska username, create a new myAlaska account, or print, sign, and submit a paper signature page. Follow the instructions provided for your chosen method. Your application is officially received once it is assigned a Confirmation Number.