KTVA Predicts 2010 PFD Amount
Time to predict how much your Permanent Fund Dividend will add up to this year.
Original article posted Sept. 13, 2010
ANCHORAGE, Alaska (KTVA-CBS 11 News) It's that time of the year again! Time to predict how much your Permanent Fund Dividend will add up to this year.
The Governor's Office will announce the official amount on Sept. 21 at 11 a.m. in Juneau at the Permanent Fund Corporation Building.
Until then, all we can do is wait and make our own projection based on the formula for generating the PFD.
CBS 11 hit the streets asking the residents of Anchorage what their predictions are for this year's PFD.
We got a variety of answers, ranging from as low as $800 to around $1,050.
Many thought the payout would be the same as last year's check, while others said that the recent economy would keep the payout low.
Although it seems there is no way to make a perfect PFD prediction, there is a way to get in the ballpark.
The Permanent Fund Dividend Division calculates the amount of a PFD check by dividing the amount available for distribution from the PFD Fund Earning Account by the number of eligible applicants.
So here's the breakdown:
Of course, this is just an estimate. The number of eligible applicants is according to the PFD office in Juneau as of 11 a.m.
Sept. 13 and is not an estimated total of the number of applicants that will be paid. That number remains to be calculated.