Alaska Residents: Do You Qualify for the $1,702 PFD Payment in 2025?
Jana Sanford
Published Feb 12, 2025
Alaska’s Permanent Fund Dividend (PFD) for 2025 has been set at $1,702 per eligible resident, an increase from last year’s $1,312.
This payment, funded by the state’s oil and gas revenue, will benefit over 600,000 Alaskans.
Who Qualifies for the $1,702 Payment?
To be eligible, you must:
- Be a registered Alaska resident
- Have lived in Alaska continuously for at least 12 months
- Plan to remain in the state permanently
- Have spent at least 72 hours in Alaska in the last two years
- Have no felony convictions in the past year and limited misdemeanors
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Why the Increase?
The Alaska Legislature approved the $1,702 payout under the 75-25 formula, which allocates most fund earnings to state services.
While Governor Dunleavy proposed a $3,500 payment, lawmakers settled on this amount due to budget constraints.
The final total saw a $300 boost from unexpected oil revenue gains.
What’s Next?
The first payments have already been distributed in early 2025.
To check your eligibility or payment status, visit the Alaska Department of Revenue’s website.
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