Governor announces 2022 PFD amount

PALMER, Alaska (KTUU) - Gov. Mike Dunleavy announced the dollar figure for the 2022 Permanent Fund Dividend from Three Bears in Palmer.

Dunleavy said that the PFD payout would be $3,284 — the largest payout in the 41-year span of the PFD.

In May, the Legislature passed a “compromise” budget that paired the PFD with an additional energy relief check. Both will be paid out on Sept. 20 to eligible Alaskan residents who have filed to receive the payment electronically.

“This is going to be the largest PFD in the history of the state of Alaska,” Dunleavy said. “I want to thank the legislators who actually helped make this happen.”

The additional $662 energy relief check passed by the Alaska Legislature is included in the $3,284 figure, making the dollar figure for the PFD payout alone $2,622 — which is slightly higher than the previous record for the largest payout in 2008. That year, the payment was $3,269 total — with a $2,069 PFD and an additional $1,200 resource rebate.

Adjusted for inflation, the 2008 PFD would be $2,604 today. Last year 636,895 Alaskans received a $1,114 check for a total distribution amount of $709,501,030.

“The PFD has been with us for decades, it should be with us for decades more, and it’s a great way to share the royalty wealth of the state of Alaska with all Alaskans,” Dunleavy said.

Dunleavy welcomed Wasilla resident Miranda Wagoner and Wasilla Chamber of Commerce Executive Director Jessica Viera to speak on the impact of the yearly payments.

Alaskans unsure of the status of their PFD application can check the MyPFD website.

This article has been corrected to reflect the accurate amount of the 2022 PFD as $2,622 with a $662 energy rebate check after confirmation from a spokesperson from the Department of Revenue.

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