Residents of a major state are currently in a blackout phase regarding $1,702 stimulus checks, but they can anticipate next year’s payment.
The Alaska Department of Revenue has temporarily halted the Permanent Fund Dividend applications as the filing season has concluded, but the process will reopen in a few months.
The deadline for Alaskan residents to apply for the 2025 Alaska Permanent Fund Dividend check was Monday, March 31.
Any PFD applications submitted or postmarked after the deadline will be marked as late and subsequently denied.
The stimulus check amount for 2024 was $1,702, which included a one-time energy relief payment.
The payment amount for this year has not yet been finalized and is awaiting the upcoming legislative session with Governor Mike Dunleavy, who suggested a check of approximately $3,900 for every Alaskan.
It is likely that this proposed amount will face rejection from lawmakers. If a prior informal formula for dividends is applied, the PFD checks may center around $1,400.
Individuals who missed out on the 2025 PFD checks can still apply for the 2026 payment between January 1 and March 31 of the following year.
IMPORTANT DATES
Those waiting on past PFD payments should take note of several important dates.
Alaskan residents with 2024 or earlier dividend applications in “Eligible-Not Paid” status as of March 12, 2025, should expect their payments to be distributed by March 20, 2025.
Similarly, those with applications in the “Eligible-Not Paid” status by April 9, 2025, will see their payments arrive on April 17, 2025.
For applications in this status as of May 7, 2025, payments will be issued on May 15, 2025.
Alaskans may receive their checks at different times based on their payment methods.
Recipients using direct deposit typically receive their payments first, while those expecting paper checks may experience delays of several weeks.
WHAT IS THE PFD?
Inaugurated in 1976, the Alaska Permanent Fund was established to manage and invest a portion of the revenue generated from the state’s oil and natural resource sectors.
In 1982, the Alaska Permanent Fund Dividend, or PFD, program was launched to distribute dividends from the earnings of the fund to eligible residents.
To qualify for these checks, Alaskans must meet specific criteria.
ALASKA PFD VS STIMULUS
The PFD payments differ from the stimulus checks provided to Americans during the pandemic.
The PFD is distributed to residents of a particular region from the earnings of a permanent or sovereign wealth fund.
Alaska’s sovereign wealth fund is known as the Alaska Permanent Fund, which was established in 1976.
It is primarily funded through the revenue generated by Alaska’s oil and gas resources.
Each year, a portion of these funds is allocated to Alaskan residents as dividends.
To qualify for the 2025 check, applicants must have been residents of Alaska for the entirety of the 2024 calendar year.
They must not have asserted residency in any other state or country or received benefits linked to such a claim since December 31, 2023.
Additionally, applicants must not have been convicted of a felony in the preceding year or incarcerated due to a felony or misdemeanor.
Moreover, applicants generally cannot have been absent from Alaska for more than 180 days during 2024.
Explore other payment opportunities as well. Millions of Americans must claim $1,400 “recovery” stimulus checks before the April 15 deadline to avoid losing these funds permanently.
Furthermore, the closing weeks are your final chance to claim up to $1,000 from a $2.5 million “robocall” settlement—no documentation is needed to collect this cash.
