The $1,312 payment in November 2024 is part of the Alaska Permanent Fund Dividend (PFD) program, a unique initiative providing an annual payment to eligible Alaskan residents.
Managed by the Alaska Permanent Fund Corporation (APFC), the PFD redistributes a portion of the state’s oil and gas revenue to support residents with essential expenses such as housing, food, and healthcare.
This article explains the eligibility requirements, how to check payment status, and what to expect from the PFD program.
What Is the Alaska Permanent Fund Dividend (PFD)?
The Permanent Fund Dividend is a yearly payout to Alaskans funded by the state’s oil and gas revenues. This program was established to ensure residents benefit from Alaska’s natural resources. The 2024 PFD payment is $1,312, with an increase to $1,702 expected in 2025.
Key Features of the PFD Program
- Provides financial relief to Alaskans during economic hardships.
- Benefits approximately 600,000 residents annually.
- Payment distributed to eligible residents, including children.
November 2024 Payment Details
- Last Payment Date: October 24, 2024.
- November Payment Date: November 21, 2024, for those with “Eligible-Unpaid” status as of November 13, 2024.
Eligibility Requirements for the $1,312 PFD Payment
To qualify for the 2024 PFD payment, applicants must meet these criteria:
| Requirement | Details |
|---|---|
| Residency | Must have been a registered resident of Alaska for at least 12 consecutive months. |
| Presence | Must have lived in Alaska for at least 72 consecutive hours in the past two years. |
| Plans to Stay | Cannot have plans to permanently leave Alaska. |
| Criminal Record | Cannot have been convicted of a felony or multiple misdemeanors since January 1, 1997. |
| Application Status | Must have “Eligible-Not Paid” status on the PFD website. |
| Dependent Children | Additional funding may be available for dependents. |
How to Check Your $1,312 Stimulus Status
Follow these steps to check the status of your PFD payment:
- Visit the Official PFD Website
- Go to pfd.alaska.gov.
- Access the “myPFD” Tab
- Select the myPFD option to view your application details.
- Check Application Status
- Confirm if your application status is “Eligible-Not Paid”, which indicates your payment is approved but not yet disbursed.
- Update Personal Information
- Ensure your address and other personal details are current to prevent payment delays.
- Monitor Payment Updates
- Regularly check the website for updates on your payment processing and deposit date.
How to Ensure Timely Payment
- File your PFD application between January 1 and March 31 each year.
- Regularly check your application status on the myPFD portal.
- Update your bank account and contact details on the PFD website.
- Avoid delays by ensuring all personal and residency documentation is accurate and submitted on time.
Fact Check
There are no reports of broader stimulus checks beyond the PFD payments for Alaskans. The $1,312 payment is exclusively tied to the Alaska Permanent Fund Dividend program and is not part of a federal stimulus initiative.
The $1,312 November 2024 payment from the Alaska PFD program is a critical source of financial relief for eligible residents. By meeting residency, criminal record, and application status requirements, Alaskans can access these funds to support their essential needs.
For up-to-date information, always rely on the official PFD website or contact the Alaska Permanent Fund Corporation directly.
