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2010 Alaska PFD (Permanent Fund Dividend) Amount Announced

Posted by Brian Krassenstein on Sep 21st, 2010 and filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

2010 Alaska pdfThe Alaskan Permanent fund is a fund in which the state distributes profits from their oil production, via a dividend, to the residents of Alaska. In order to qualify for the dividend one must reside in Alsaka for at least a year, and have no plans of leaving the state. The Alaska Permanent Fund was established in 1976, and the dividend began being paid to residents 6 years later in 1982 with an initial $1000 payment. Since the initial dividend, the Permanent Fund has paid out anywhere from $331 all the way up to $2069 per year.

The 2010 Alaksa PFD today was announced by Governor Sean Parnell, and will be a sum of $1281 per qualified resident. The sum will be paid out on October 7th to 641,595 Alaskans. The current value of the Permanent fund is $35.9 billion.

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