Permanent Fund plan provides no dividend guarantees

posted by Michael Ortega - 

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Lawmakers have approved a $1,600 dividend this fall, but there's no guarantee you will get a PFD that size next year.

The plan approved by the Legislature this year means lawmakers will have to agree on a yearly basis what the dividend amount should be. Senate Bill 26 sets a limit on how much the Legislature can draw from the Permanent Fund's earnings, but it's up to lawmakers to decide how much of that money goes towards government -- and what goes towards dividends.

The subject has plagued the Alaska Legislature for the last several years.

Permanent Fund plan provides no dividend guarantees

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