Tag: Alaska Permanent Fund

Fearing a financial ‘house on fire,’ Stedman warns against overdrawing the Permanent Fund to pay dividends

Sitka Sen. Bert Stedman says Alaskans will keep receiving dividend checks, despite a worrisome report from the AK Perm Fund Corp. that the earnings reserve account will be exhausted in four years. "We could skip inflation-proofing for a year or two," he says, "but what you can't do is start over-drawing the Permanent Fund." Read More
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