Alaska $1,702 PFD Payment October: People in Alaska are getting ready for the next round of payments from the Alaska Permanent Fund, also called the PFD. This fund helps thousands of residents every year and is also meant to encourage people to stay in Alaska.
Alaska takes money from oil to give people cash This helps families and the local economy The PFD has been there since 1980s It gives extra money for food bills and everyday stuff so people can live easier
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The Alaska Permanent Fund works like a big savings account for the state. A portion of the oil income goes into this fund, and every year, residents who qualify get a dividend. These payments act like a small stimulus and are very important for families, especially in a state where living costs can be high. People look forward to them because they can plan around these payments to pay bills or buy essentials.
Payment Dates
This year, the next PFD payments will happen in October and November. Dividend requests that are “Eligible – Unpaid” until September 18, 2025, will be paid on October 2. Requests still unpaid by October 13 will get their money on October 23. Applications still unpaid by November 12 will be paid on November 20.
Eligibility
Not everyone can get these payments. To be eligible:
- Person must have lived in Alaska all of 2024.
- They must plan to stay in Alaska for the long term and should not have claimed residency or received benefits from another state or country since December 31, 2023.
- They must have physically been in Alaska for at least 72 hours at some point in 2023 or 2024.
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These rules make sure that the fund helps people who really live and work in Alaska.
People in Alaska get excited about this payment. It helps them pay for things like rent, food, and daily needs. The PFD shares the state’s oil money with everyone, giving families support and helping the local economy grow.
