Permanent Fund plan provides no dividend guarantees


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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

Permanent Fund plan provides no dividend guarantees