Amount of the PFD has become an annual political battle
November 8, 2023
Nearly every Alaskan received a $1,312 payment last month, their annual share from the earnings of the state’s nest-egg oil fund. Some use the money for extras like vacations but others — particularly in high-cost rural Alaska where jobs and housing are limited — rely on it for home heating fuel or snowmachines that are critical for transportation.
The unique-to-Alaska payment has become a blessing and a curse in a state that for decades has ridden the boom-and-bust cycle of oil, and the annual Permanent Fund dividend now competes for funding with services like education, health care...