Post-mortem permanent fund payout OK'ed

Posted: Friday, April 16, 2010

JUNEAU - The House has passed a bill letting some dead applicants claim one last Alaska Permanent Fund payout.

If a conference committee and the governor clear it, the change would take effect for dividends to be paid in October 2011. The Permanent Fund Dividend Division estimates about half of the 3,500 Alaskans that die each year would be eligible for the check.

The eligibility criteria are comparable to what applies to most living people. That includes at least 180 days of state residency in the previous calendar year before death. The dead person's family or beneficiaries would be able to apply and collect the entitlement.

The House passed the bill 31-8 on Thursday.

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