Alaska Fund Pays Residents Annually

Alaska Fund Pays Residents Annually

As of 2019, the Alaska Permanent Fund had paid eligible residents an inflation-adjusted average of about $1,600 a year through its Permanent Fund Dividend program. Alaska established the fund in 1976 and invested part of its oil and mining revenue to preserve the wealth for future generations. The payment depends on the fund's performance and the number of eligible applicants.

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