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Sovereign Wealth Funds Briefing - Categorized | Financials

2014 Permanent Fund check set at $1,884

Posted on 26 September 2014

Gov. Sean Parnell today announced that the 2014 Permanent Fund Dividend will be $1,884. The first dividends will be paid on Oct. 2, when approximately 510,731 applicants will receive a direct deposit into their bank account, and 88,186 will be mailed a check. Paper checks will enter the U.S. mail system on Oct. 2 from Juneau.
674,538 Alaskans applied for the 2014 dividend this year – an increase of approximately 1,587 applications from 2013. More than $944.4 million will be directly deposited into Alaskans’ bank accounts this year, with a total distribution, including checks, of $1.1 billion. Beginning Oct. 2, and continuing monthly thereafter, applications that become eligible will be paid either by check or direct deposit………………………………………..Full Article: Source


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