Alaskans have overwhelming excitement for May. Residents are in line to get payments from the state. But a program change has reduced the joy for some recipients. Citizens had to apply for the money; the filing season closed on March 31, 2023.
Every year, Alaskans receive money from the Permanent Fund Dividend (PFD). This year's payment is worth $3,284. The check or direct deposit gets sent depending on the date you applied. People who filed an application and lived in Alaska in 2021 are eligible.
The state plans to finish application reviews by May 10. Then, set up systems for the payouts so all recipients get their money before month's end. The Alaska Department of Revenue (DOR) will start distributing the dividends on May 18.
You can check your application status via the DOR website by selecting "myPFD." If you are to get the money, your status will say "Eligible-Not Paid".
The PFD gives a part of the state's oil revenues to residents each year.
The amount distributed in 2022 was higher than any previous year. Why? Because of an extra energy relief check of $662 to help with high inflation.
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