Those Americans who have already received their stimulus checks should continue looking for payments. It could be in the form of a benefit, a Guaranteed Income Program or a PFD check like in Alaska.
The Department of Revenue in Alaska, through the Permanent Fund Dividend division, has officially announced the PFD payment amounts and dates for eligible recipients of these direct payments or checks.
PFD payment schedule for October
Some Alaskans who qualified received their direct payment on October 3. However, some will receive it in over 2 weeks. The PFD division claims that the next payday will be on October 24, 2024.
Therefore, as of October 8, there are 16 days left to receive this large payment in Alaska. the thing is the amount recipients will get is higher than in the previous year.
The Department of Revenue states that the new PFD amount is worth $1,702, up from $1,312. So, eligible recipients will see an increase of about $390. A staggering increase in just one year.
PFD payment eligibility
Since this will be the second large disbursement for eligible Alaskans, you will need to meet the following requirements to get money on the 24th:
- eligible applicants who filed by paper
- eligible applicants who chose paper checks as their payment method
- your status must say: “Eligible-Not Paid” status on October 14
Those who did not file in 2024 will soon be able to apply for the Permanent Fund Dividend checks or direct deposits in 2025. As a matter of fact, applications will open on January 1, 2025.
Among the most important eligibility requirements are for the PFD check in 2025:
- being a resident of Alaska during the whole 2024 calendar year
- you have the intention to remain living in Alaska
- you have not applied for residency anywhere else
- not absent from Alaska for too long so you do not exceed the limit
- not being in jail
- being physically present for at least 72 consecutive hours in 2024 or 2023