Thousands of Alaska residents are set to receive a $1,702 payment in mid‑2025 through the Permanent Fund Dividend (PFD) program. Funded by state oil revenues, this annual dividend aims to share natural resource wealth with residents. The 2024 dividend totaled $1,702—$1,403.83 base plus a $298.17 energy assistance bonus—with similar amounts expected in the 2025 payout.
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What is the Alaska PFD?
Established in 1976, the Alaska Permanent Fund invests a portion of the state’s oil and mining revenues. Administered by the Alaska Permanent Fund Corporation and Department of Revenue, about 5% of fund earnings are distributed annually to eligible Alaskans under a policy that combines citizen dividends with long-term resource wealth preservation.
Summary
| Category | Details |
|---|---|
| 2025 PFD Amount | $1,702 per eligible resident (based on 2024 figure) |
| Application Window | February 1 – April 2025 |
| Payout Dates | May 15; June 18; July 17; August 21, 2025 |
| Eligibility Criteria | Resided in Alaska all of 2024, intend to stay, ≥72 hrs presence, no disallowed convictions |
| Apply Via | pfd.alaska.gov official state site |
| Tax Treatment | State‑tax‑free; federally taxable |
| Missed Deadline? | Must apply next year; late applications (after March 31) not accepted |
Payout Details
The projected PFD for 2025 is expected to match the previous year’s $1,702 payout, which includes the base plus an energy‑assistance bonus. While legislative discussions occurred around reducing the amount to $1,000, those were preliminary and not finalized.
Who is Eligible?
To qualify for the 2025 PFD, applicants must meet several criteria:
- Residency: Must have lived in Alaska throughout 2024 with intent to remain, and spent at least 72 consecutive hours in Alaska during 2023–24.
- No Disqualifying Criminal Records: Felony convictions or certain misdemeanor incarcerations during 2024 disqualify applicants.
- Allowed Absences: Permitted absences (e.g., for study or medical care) are accepted if properly documented .
- MyAlaska Filing: Each individual, including minors, must apply via pfd.alaska.gov or mail a paper form.
Payment Schedule
The PFD Division issues payouts across staggered batches:
- May 15, 2025: For applications marked “Eligible‑Not‑Paid” by May 7.
- June 18, 2025: For those eligible by June 11.
- July 17 & August 21, 2025: Later waves for remaining eligible claims.
How to Apply
- Visit pfd.alaska.gov
- Log in using MyAlaska or create an account
- Fill in details including residency and banking info
- Attach proof for any extended absences
- Submit before March 31, 2025 deadline
You can check your application via the “myPFD” portal on the PFD site.
FAQs
Q1: Who is eligible for the 2025 PFD?
A: Anyone who lived in Alaska during all of 2024, intends to stay, had no disqualifying convictions, and applies by March 31, 2025.
Q2: When will I get the payment?
A: Installments begin May 15, 2025, with additional batches in June, July, and August.
Q3: How do I apply?
A: Visit pfd.alaska.gov, log in via MyAlaska, fill out the form, attach documents, and submit before March 31.
Q4: Is the PFD taxable?
A: No state tax, but it is taxable federally and must be reported to the IRS.
