Alaska Permanent Fund

Opinion: Three cheers for governor, the adult in the room

The people who are upset over the change in the Permanent Fund Dividend payout need to review the enabling legislation and history of the purpose… Continue reading

Opinion: The U.S. Supreme (Political) Court

When the president and the Senate majority are of same party, the Supreme Court selection process is mostly rigged. Sens. Lisa Murkowski, R-Alaska, and Susan… Continue reading

Angela Rodell, Executive Director of the Alaska Permanent Fund Corporation, speaks about the positive results of the fund this year at the APFC office on Thursday, July 26, 2018. (Michael Penn | Juneau Empire)

Alaska Permanent Fund continues to beat market, but returns drop slightly from last year

The investment managers at the Alaska Permanent Fund Corporation have once again beaten the market.

Angela Rodell, Executive Director of the Alaska Permanent Fund Corporation, speaks about the positive results of the fund this year at the APFC office on Thursday, July 26, 2018. (Michael Penn | Juneau Empire)
Angela Rodell, Executive Director of the Alaska Permanent Fund Corporation, speaks to the Juneau Chamber of Commerce during their weekly luncheon at the Moose Lodge on Thursday, July 26, 2018. (Michael Penn | Juneau Empire)

Alaska Permanent Fund hiring more workers in Juneau

The Alaska Permanent Fund Corporation will hire 10 new workers in Juneau, CEO Angela Rodell told the Juneau Chamber of Commerce on Thursday, earning a… Continue reading

Angela Rodell, Executive Director of the Alaska Permanent Fund Corporation, speaks to the Juneau Chamber of Commerce during their weekly luncheon at the Moose Lodge on Thursday, July 26, 2018. (Michael Penn | Juneau Empire)
Russell Read, chief investment officer of the Alaska Permanent Fund Corporation, is seen in an August 2016 photo provided by the corporation. (Courtesy photo)

Permanent Fund Corp. seeks new investment boss

The Alaska Permanent Fund Corporation is making a change at the top. Two weeks after chief investment officer Russell Read announced his resignation, the state-owned… Continue reading

Russell Read, chief investment officer of the Alaska Permanent Fund Corporation, is seen in an August 2016 photo provided by the corporation. (Courtesy photo)
In this July 14, 2016 photo, Gov. Bill Walker speaks during a press conference. (Michael Penn | Juneau Empire File)

Nothing, not even the PFD, can last forever

Gov. Bill Walker did the right thing for Alaska when he decided to reduce the Permanent Fund Dividend in 2016.

In this July 14, 2016 photo, Gov. Bill Walker speaks during a press conference. (Michael Penn | Juneau Empire File)

Legislature’s new plan protects Permanent Fund, but not dividend

House and Senate negotiators agreed Wednesday on a proposal to put limits on the Legislature’s ability to spend from the Alaska Permanent Fund, but the… Continue reading

House struggles could risk Permanent Fund Corp. in long term

Correction: A quote about divisions within the House Majority, previously attributed to House Majority Leader Chris Tuck, should have been attributed to Speaker of the… Continue reading

Proposal to protect the PFD in the Alaska Constitution advances in the Senate

The Alaska Legislature’s in-house legal chief has broken a logjam in the Senate Judiciary Committee, allowing proposed constitutional protections for the Permanent Fund Dividend to… Continue reading

Minor revolt among Alaska senators fails to advance PFD amendment

A minor revolt in the Alaska Senate failed on Saturday to advance constitutional protections for the Alaska Permanent Fund Dividend. Sen. John Coghill, R-North Pole… Continue reading

How much will the PFD be this year, and other answers to your questions

Here’s a simple guide to what’s happening in the Legislature, where things stand, and why. Q: What will the Permanent Fund Dividend be this year?… Continue reading

Legislators move to reverse proposed PFD boost

With a rapid series of procedural moves Friday morning, the Alaska House of Representatives cut a proposed $2,700 Permanent Fund Dividend to $1,600 in an… Continue reading

Reps. Parish, Kito divided by vote to boost PFDs

Correction: The first version of this article incorrectly stated that one of the four pillars of the coalition Alaska House Majority’s plan to balance the… Continue reading

Alaska Permanent Fund Corporation issues warning to Alaska lawmakers

The Alaska Permanent Fund Corporation’s board of trustees issued advice and a warning to the Alaska Legislature on Thursday, marking only the sixth time in… Continue reading

Alaskans scorchingly reject Permanent Fund amendment

A proposal to enshrine the Permanent Fund Dividend in the Alaska Constitution met scorching opposition in public testimony Monday and Tuesday as Alaskans picked apart… Continue reading

Permanent Fund armored against downturn, analysis finds

The Alaska Permanent Fund Corporation took a $1.5 billion hit when American stock markets plunged last week, but fund managers said Wednesday that results of… Continue reading

Permanent Fund spending is this year’s snarl in the Alaska Legislature

The Nenana Ice Classic bills itself as Alaska’s favorite guessing game. This year, that honor will go to the Alaska Permanent Fund Dividend. The state… Continue reading