Skip to comments.Permanent Fund dividend is $900; deposits begin Oct. 3
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 ...
Mine and the families is going straight to home heating oil and other various bills.
No fun stuff here.
If NY would only frack its assets instead of..... its assets.
Kathy get in here NOWWWW
CHUNG CHING MO MONEY MO MONEY MO MONEY
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
I’ll probably just use mine to pay down my SUV.
Replace Begitch and Triple that stipend
I’m gonna use it to buy gas for my truck...
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
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...
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
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.