Alaska Permanent Fund Dividend program

E71392

The Alaska Permanent Fund Dividend program is a state-run initiative that annually distributes a share of Alaska’s oil and mineral revenue earnings directly to eligible residents.

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Statements (43)

Predicate Object
instanceOf cash transfer program
government program
universal basic income–like program
administeredBy Alaska Permanent Fund Dividend program self-linksurface differs
surface form: Permanent Fund Dividend Division
ageRequirement no minimum age for eligibility
applicationPeriod typically January to March each year
appliesTo eligible Alaska residents
appliesToJurisdiction Alaska
surface form: State of Alaska
benefits annual cash payment to eligible residents
country United States of America
surface form: United States
economicImpact stimulates consumer spending in Alaska
supplements household income in Alaska
eligibilityCriterion Alaska residency
intent to remain in Alaska
not convicted of certain felonies
not incarcerated for most of the qualifying year
physical presence in Alaska for most of the qualifying year
fundedBy Alaska Permanent Fund
fundingSource investment earnings of the Alaska Permanent Fund
mineral revenue
oil revenue
governedBy Alaska Permanent Fund Corporation policies
hasPart appeals process
online application system
language English
legalBasis Alaska Constitution
surface form: Alaska Constitution Article IX Section 15

Alaska Statutes
surface form: Alaska Statutes Title 43
notableFor one of the longest-running resource dividend programs in the world
universal per-capita distribution within eligibility rules
officialWebsite https://pfd.alaska.gov/
operator Alaska Department of Revenue
paymentFrequency annual
paymentMethod direct deposit
paper check
purpose provide residents with a direct stake in resource development
share state resource wealth with residents
support economic stability for Alaska residents
relatedTo Alaska Permanent Fund
oil and gas industry in Alaska
startTime 1982
subjectOf research on universal basic income
studies on labor supply effects of cash transfers
studies on poverty reduction in Alaska

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Alaska Permanent Fund Dividend program administeredBy Alaska Permanent Fund Dividend program self-linksurface differs
this entity surface form: Permanent Fund Dividend Division
state government of Alaska administers Alaska Permanent Fund Dividend program
Alaska Department of Revenue hasDivision Alaska Permanent Fund Dividend program
this entity surface form: Permanent Fund Dividend Division of the Alaska Department of Revenue
Alaska Department of Revenue oversees Alaska Permanent Fund Dividend program
Alaska Department of Revenue oversees Alaska Permanent Fund Dividend program
this entity surface form: Permanent Fund Dividend Division of the Alaska Department of Revenue