The first stimulus check of 2025 in the United States will be distributed in Alaska, amounting to $1,702 per eligible individual. This payment stems from the Permanent Fund Dividend (PFD), a long-standing program funded by revenues generated from the state’s natural resources, including mining and gas.
The PFD aims to ensure that Alaska’s wealth is shared with its residents, but only those who meet specific eligibility requirements can benefit.
The Role of the Permanent Fund Dividend in Alaska’s Economy
The Permanent Fund Dividend has been a significant economic support system for Alaskans for decades. The yearly PFD amount is determined based on the state’s annual earnings from natural resources. For 2025, the amount has been set at $1,702, providing financial relief and stimulating the local economy.
This program reflects Alaska’s commitment to sharing its natural wealth equitably among its residents, strengthening the community and fostering economic stability.
Holiday Office Closures and Document Submission
During the holiday period, from December 23, 2024, to January 1, 2025, the PFD offices will remain closed. However, residents need not worry about delays in submitting documents. Pending applications and required paperwork can still be sent via mail, email, or fax.
The Department of the PFD will continue processing submissions during this time, ensuring that eligible residents face no interruptions in receiving their stimulus checks.
2024 Dividend Payment Schedule
For individuals awaiting their 2024 dividends, the payment schedule is as follows:
| Application Status | Payment Date |
|---|---|
| Marked “Eligible-Not Paid” by December 11, 2024 | December 19, 2024 |
| Marked “Eligible-Not Paid” by January 8, 2025 | January 16, 2025 |
| Marked “Eligible-Not Paid” by February 12, 2025 | February 20, 2025 |
These dates ensure a systematic approach to distributing payments while accommodating any pending applications.
Eligibility Criteria for the 2025 PFD
To qualify for the 2025 Permanent Fund Dividend, applicants must meet specific residency and legal criteria. The key requirements include:
- Residency in Alaska:
- Applicants must have lived in Alaska for the entirety of 2023.
- They must intend to remain in Alaska indefinitely.
- They must not have claimed residency in another state or country since December 31, 2022.
- Criminal History:
- Applicants must not have been convicted of a felony.
- They must not have been incarcerated for a felony or certain misdemeanors during 2023.
- Physical Presence:
- Absences from Alaska exceeding 180 days are only permitted for specific approved reasons.
- Applicants must have been physically present in the state for at least 72 consecutive hours during 2022 or 2023.
These stringent criteria are designed to ensure that the PFD benefits only those who are genuinely committed to living in Alaska and contributing to its community.
Steps to Ensure Timely Payment
As the 2025 PFD distribution date approaches, residents are encouraged to take proactive steps to avoid delays. By logging into the “myPFD” portal, applicants can check their application status and verify that their mailing address is accurate and up-to-date. These small measures can ensure that residents receive their much-needed financial support without complications.
FAQs
What is the exact amount of the 2025 PFD?
The approved 2025 Permanent Fund Dividend amount is $1,702 per eligible individual.
When will the 2024 PFD payments be made?
The 2024 PFD payments will follow this schedule:
- December 19, 2024 (for applications marked “Eligible-Not Paid” by December 11, 2024),
- January 16, 2025 (for applications marked by January 8, 2025),
- February 20, 2025 (for applications marked by February 12, 2025).
What happens if my PFD application is incomplete during the holidays?
While PFD offices will be closed from December 23, 2024, to January 1, 2025, you can still submit your documents via mail, email, or fax. These submissions will be processed without delay.
