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Advocates hoped to speed up fund reaching $100B, but advisors call timing and strategy unwise.
Correction: The quote “Inflation is like a thief in the night” was misattributed in the original version of the article. Elmer Rasmuson said it, not… Continue reading
This year’s PFD is much lower than last year’s — the price of a balanced state budget.
Trustees considering ideas, including amending state Constitution, in hope of boosting fund’s value.
Earnings need to average 5% plus inflation to be sustainable; hasn’t happened past five years.
Distribution of payments will begin Oct. 5.
Opinion: Permanent Fund office in Anchorage means Alaska-based opportunities for professional talent
The Alaska Permanent Fund Corp.’s vision is to deliver outstanding returns for the benefit of all current and future generations of Alaskans. Accomplishing this vision… Continue reading
Annual transfer from the fund pays for more than half of Alaska’s general-purpose government spending
I just read that the Permanent Fund Corp. has been considering a move to Anchorage since 2019. I was stunned. An essential part of the… Continue reading
Opposition to latest “capital creep” voiced by Juneau lawmaker, who says no funds exists for the move.
Dunleavy OKs lower dividend despite originally seeking a $3,800 “statutory” payout.
Bills to collect more from North Slope producers, enact new sales taxes get hearings next week.
Residents all over Alaska’s map are also all over the policy map during hearing on various proposals
Five proposals to be subject of Saturday hearing.
Trustees work overtime selecting from three candidates after interviews Monday
Three finalists seeking to manage $73.7B fund to appear before trustees at public meeting in Juneau
Trustees acted legally, despite not following official policy, and governor didn’t influence decision
The decline will not have an immediate negative effect on state finances
Llegislation that would have required the state to sell its Russia holdings did not pass.
Many states are divesting.