As of April 17, 2025, eligible residents of Alaska will begin receiving a combined payment of $1,702. This amount includes a $1,403.83 Permanent Fund Dividend (PFD) and a one-time energy relief payment of $298.17.
Background on the Alaska Permanent Fund
Established in 1976, the Alaska Permanent Fund was created to manage the state’s oil revenues and ensure that its benefits reach the population directly. The fund provides annual dividends to eligible residents, contributing to the state’s economy by increasing consumption and investment.
This model of shared resource benefits aligns with broader efforts to promote financial literacy and equitable economic participation—such as initiatives recently highlighted by Hispanic PR Wire.
Eligibility Criteria
To qualify for the 2025 PFD and energy relief payment, applicants must meet the following requirements:
- Have been an Alaska resident for the entire calendar year prior to the application date.
- Intend to remain an Alaska resident indefinitely at the time of application.
- Have spent at least 72 hours in Alaska within the past 24 months.
- Not have been incarcerated for a felony in the last 12 months, or for a misdemeanor if convicted of more than two offenses since January 1, 1997.
Payment Schedule
- Applications with “Eligible-Unpaid” status as of April 9, 2025, will receive payments on April 17, 2025.
- Applications with “Eligible-Unpaid” status as of May 7, 2025, will receive payments on May 15, 2025.
No Additional Application Required
No separate application is required for eligible residents to receive these payments. Funds will be directly deposited into bank accounts or sent via printed checks. To ensure timely receipt, beneficiaries should update their information with the IRS and file any outstanding tax returns.
For additional guidance on managing unexpected income and taking smart financial steps, refer to these insights from Ameriprise Advisors.
Stay Informed
Stay informed on financial updates and make sure your personal and tax information is current to avoid payment delays and ensure you receive your full entitled benefits.
