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Some Alaska residents will benefit from the $1,702 stimulus payment, which corresponds to the 2025 Permanent Fund Dividend (PFD).
In 1976, the Alaska Permanent Fund was established for the purpose of managing the state's oil revenues and ensuring that its benefits reach the population directly. The Alaska Permanent Fund Corporation is responsible for managing these resources, providing an annual income to eligible residents
Apart from providing support to Alaskan families, the program also plays a key economic role as the stimulus measures help to boost the economy by increasing consumption and investment.
The $1,702 payment for 2025 represents a 30% increase over the previous year and consists of a one-time energy assistance check of $298.17 and a Permanent Fund dividend of $1,403.83.
Eligibility requirements
If you want to be one of the beneficiaries who receive a PFD, you must:
- Have been a resident of Alaska for the entire calendar year prior to the date of application and intend to remain an Alaska resident indefinitely at the time of application
- Applicants must have spent at least 72 hours in Alaska during the past 24 months
- The applicant must not have been imprisoned for a felony in the last 12 months, nor for a misdemeanor if he or she has been convicted of more than two offenses since January 1, 1997.
You can still apply, there are only a few days left
The deadline to apply is March 31 and to do so, interested persons can access the PFD online portal (pfd.alaska.gov) or submit it by mail
There are some exceptions for people with disabilities, or those claiming benefits for a person who died during the application period, or if you are a servicemember who received hostile fire or imminent danger pay during the application period, in which case you should contact the Alaska Department of Revenue directly.