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The Alaska Permanent Fund (APF) is a massive sovereign wealth fund created from oil revenues to benefit all Alaskans, investing in stocks, bonds, and real estate for long-term growth, while the annual Permanent Fund Dividend (PFD) distributes a portion of these earnings directly to eligible residents, with the 2025 payment confirmed at $1,000, requiring Alaskans to live in the state for a full year before applying and intending to stay indefinitely.
How the Fund Works (APFC)
- Purpose: To convert non-renewable oil wealth into a sustainable resource for current and future generations, managed by the Alaska Permanent Fund Corporation (APFC).
- Structure: It has a Principal (savings) and an Earnings Reserve Account (ERA) for distributions.
- Investments: The APFC invests globally in a diversified portfolio, including stocks, bonds, and real estate.
The Permanent Fund Dividend (PFD)
- What it is: An annual cash payment to qualifying residents from the Fund’s investment earnings.
- 2025 Payment: Confirmed at $1,000, with payments starting in October.
- Eligibility: Must be a permanent resident of Alaska for the entire calendar year before applying and intend to remain indefinitely.
- Application: Check status on the official pfd.alaska.gov website.
- Tax: Federal taxes apply to the dividend.
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