The Alaska Permanent Fund (PFD) has approved stimulus payments that will range from $1,000 to $3,900 for more than 600,000 residents in 2025. This program, funded by oil revenues, aims to distribute part of the state’s profits each year. The final amount that each beneficiary will receive will depend on the formulas established by the legislature and the performance of the investments, according to official sources.
In 2024, the PFD delivered $1,702 per person, combining a base dividend and an energy supplement. For 2025, preliminary estimates suggest a range between $1,000 and $3,900, depending on the formula applied: a partial distribution would give $1,400, while applying the full rule would bring the payment closer to $3,900.
When could the PFD stimulus payment amount be in 2025?
The historical amounts have been different each year, depending, of course, on the profits of the oil industry and the taxes that companies have paid to the state tax system:
- 2023: $1,312
- 2022: $3,284 (includes $650 for energy relief)
- 2021: $1,114
- 2020: $992
Based on previous patterns, PFD 2025 payments would begin in October, with direct deposits beginning October 3 and physical checks beginning October 26. To qualify, residents must meet:
- Continuous residence in Alaska throughout 2024.
- Intention to stay in the state indefinitely.
- Absences of no more than 180 days (with exceptions).
- Minimal physical presence of 72 consecutive hours in 2023 or 2024.
Those who have felony convictions in 2024 or are incarcerated for certain misdemeanors are excluded. The process rigorously verifies immigration data: only US citizens, permanent residents or refugees can apply.
Applications for the 2025 PFD were received between January 1 and March 31, 2025. Those who did not apply in that period will have to wait until 2026. Delays in confirming official amounts are attributed to legislative debates over the distribution of funds.
Unofficial sources suggest that payments could prioritize older adults, families in economic crisis and individuals with gross incomes of less than $75,000 (singles) or $150,000 (couples). However, no legislator has confirmed these criteria.
Are there other stimulus checks on the way?
Rumors have begun to spread on networks and forums about an alleged “DOGE Dividend”, allegedly linked to the Department of Government Efficiency (DOGE). According to these versions, the program would have been born as an ambitious fund of 2 trillion dollars, although it would have later been reduced first to that same amount and then to only 150 billion. Some expected much more from the DOGE initiative, but as some users say ironically: “In the United States you can’t have everything.”
Associate investor James Fishback has argued that, if carried out, the dividend should be given only to households that contribute more in taxes than they receive in benefits, which would leave out the 50% of taxpayers with the lowest income. Both Elon Musk and Donald Trump have mentioned the concept publicly, although without providing concrete details.
Elon Musk’s continuity in the DOGE project is uncertain, and some analysts point out that his eventual retirement would call into question the viability of the proposal. In turn, experts have criticized the lack of a redistributive approach and have expressed concern about the fiscal sustainability of a program like this.