EconomyFinding
Alaska should pay the full Permanent Fund Dividend set by the original statutory formula.
In recent years lawmakers have paid dividends well below the amount the original state law formula would produce. Paying the full formula amount would increase checks but require more spending from the Permanent Fund or cuts elsewhere.
Bernadette M. Wilson
The Permanent Fund Dividend (PFD) is not a welfare or entitlement program; it is a dividend, established by law, to be distributed according to a statutory formula.
follow the formula. If the money isn't there, then you will pay out a smaller dividend.
- Verification
- Quote found on the cited page by an independent check.
- Confidence
- High (0.90)
- Review
- Not yet reviewed by a person.