A PFD is a Permanant Fund Dividend. Not sure if this is exact but it goes something like this. All those oil companies up in Prudo Bay,and the pipeline, LEASE the land from the state of Alaska. Then the state takes a big chunk of all that money and it's put into the Permanant Fund. That Fund is invested in I don't know, mutual funds, hog-bellies..whatever, something, I really don't know. But every Man, Woman, and Child in the state is considered a "Stockholder" and in Oct. You get a nice little check for living here. There are rules, you have to RESIDE here (and yes, they check) and you have to intend on staying. If you mess with them you can never recieve it again. The first year I got one it was $1963.00 the largest one so far. It lags a couple years behind the stock market I think, so then it went way down. $8-900.00ish after the War started. Last year I think it was around $1100.00, this year projected around $1500.00. If you live in the Bush (off the road system)it's a big help,heating oil, food also for familys w/ children you can get a house down payment together, buy a decent car, christmas presents, they also have it to where you can save the ones for your kids for their college funds, whatever. It comes at the beginning of winter so it's really nice. New studded tires, remote start, block heaters, Internet service, stuff your gonna need to get thru the hibernation of winter.
http://www.pfd.state.ak.us/
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Last edited by reika on 09 Sep 2007, 11:23 pm, edited 1 time in total.