PERMANENT FUND

Alaska made a wise choice half a century ago. Back in 1976, when the state was still new, voters decided to save some of their oil and mineral money for the future. This decision led to the Alaska Permanent Fund, a smart way to manage resources that won't last forever. The fund started small, with

Alaska's Permanent Fund Dividend (PFD) has been a lifeline for many families, but recent years have seen it shrink to an all-time low of $1, 000. This has left many Alaskans struggling to make ends meet. The main issue? Oil prices have dropped, and the state's budget relies heavily on them. But ther