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Permanent Fund dividend is $900; deposits begin Oct. 3
AP via ADN.com ^ | September 17, 2013 | RACHEL D'ORO

Posted on 09/18/2013 1:10:32 PM PDT by Daffynition

ANCHORAGE, Alaska — Nearly every Alaska resident will receive a check for $900, as this year's share of the state's oil wealth.

Acting Revenue Commissioner Angela Rodell made the announcement during a Wednesday morning ceremony in downtown Anchorage.

This year's payout wasn't expected to be much because of the recession.

The dividends are distributed annually to people who have lived in Alaska for at least one calendar year. The amount is based on a five-year rolling average of the $47 billion Alaska Permanent Fund's investment earnings.

This year's average includes 2009, a recession year when the fund posted a $2.5 billion net loss in statutory net income.

Last year's dividend was $878 per person, the lowest since 2005. This year's direct deposits will begin Oct. 3.

(Excerpt) Read more at adn.com ...


TOPICS: Business/Economy; Travel
KEYWORDS: energy; oil

1 posted on 09/18/2013 1:10:32 PM PDT by Daffynition
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To: Daffynition

Mine and the families is going straight to home heating oil and other various bills.
No fun stuff here.


2 posted on 09/18/2013 1:12:21 PM PDT by vpintheak (Thankful to be God blessed & chosen!)
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To: Daffynition

If NY would only frack its assets instead of..... its assets.


3 posted on 09/18/2013 1:19:02 PM PDT by Sacajaweau
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To: Kathy in Alaska; Jet Jaguar; All

Kathy get in here NOWWWW

That mean

CHUNG CHING MO MONEY MO MONEY MO MONEY


4 posted on 09/18/2013 1:33:41 PM PDT by SevenofNine (We are Freepers, all your media bases belong to us ,resistance is futile)
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To: All

My uncle up in Fairbanks AK gave me this story from Fairbanks news miner
He told me the aunt and him are pay a bill then put rest in the saving NO BIG deal


5 posted on 09/18/2013 1:34:51 PM PDT by SevenofNine (We are Freepers, all your media bases belong to us ,resistance is futile)
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To: Daffynition

I’ll probably just use mine to pay down my SUV.


6 posted on 09/18/2013 2:04:53 PM PDT by AlaskaErik (I served and protected my country for 31 years. Progressives spent that time trying to destroy it.)
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To: Daffynition

Replace Begitch and Triple that stipend


7 posted on 09/18/2013 2:32:13 PM PDT by CPT Clay (Follow me on Twitter @Clay N TX)
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To: SevenofNine

I’m gonna use it to buy gas for my truck...


8 posted on 09/18/2013 5:45:21 PM PDT by Jet Jaguar
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To: Jet Jaguar

OH yeah that so true JJ

I remember when I got my first I have Target bill I pay that off rest I put in CD acct


9 posted on 09/18/2013 5:47:55 PM PDT by SevenofNine (We are Freepers, all your media bases belong to us ,resistance is futile)
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To: SevenofNine

Just heard on the news....too busy for FR and forgot radio.

Right under the mattress for medical/insurance bills.

At least we get something for our oil. The feds have said we can’t drill, we can’t mine, we can’t cut timber...


10 posted on 09/18/2013 5:49:00 PM PDT by Kathy in Alaska ((~ RIP Brian...heaven's gain...the Coast Guard lost a good one.~))
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To: Kathy in Alaska

That one bother thing I dot’ understand from Feds even I was living of all resources you have up in Alaska you can’t do squat

YOu kinda blame Wash DC and Seattle Treehuggers or those wackos


11 posted on 09/18/2013 5:50:17 PM PDT by SevenofNine (We are Freepers, all your media bases belong to us ,resistance is futile)
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