Alaska Permanent Fund

Angela Rodell, CEO and executive director of the Alaska Permanent Fund Corp., gives an overview of the fund to the House Finance Committee at the Capitol on Monday, Jan. 22, 2018. (Michael Penn | Juneau Empire)

Lawmakers could affect value of the Permanent Fund

As lawmakers consider using proceeds from the Alaska Permanent Fund to patch Alaska’s $2.5 billion budget deficit, they are pushing back against a stress test… Continue reading

Angela Rodell, CEO and executive director of the Alaska Permanent Fund Corp., gives an overview of the fund to the House Finance Committee at the Capitol on Monday, Jan. 22, 2018. (Michael Penn | Juneau Empire)
Angela Rodell, executive director of the Alaska Permanent Fund Corporation, speaks to the Senate State Affairs Committee in 2016. (Michael Penn | Juneau Empire file)

Alaska Permanent Fund fails ‘stress test’ 48 percent of the time

A new analysis presented to the trustees of the Alaska Permanent Fund this week has determined that a proposed solution to Alaska’s multibillion-dollar budget deficit… Continue reading

Angela Rodell, executive director of the Alaska Permanent Fund Corporation, speaks to the Senate State Affairs Committee in 2016. (Michael Penn | Juneau Empire file)
In this February 2016 photo, Angela Rodell speaks to the Senate State Affairs Committee about SB 114 at the Capitol. (Michael Penn | Juneau Empire File)

A shaken titan: How the Alaska Legislature is harming the Alaska Permanent Fund

The Alaska Permanent Fund is a $62 billion titan. It spans the world. It owns half of the largest shopping mall in northern Virginia. It… Continue reading

In this February 2016 photo, Angela Rodell speaks to the Senate State Affairs Committee about SB 114 at the Capitol. (Michael Penn | Juneau Empire File)
Alaska Permanent Fund Corporation director Angela Rodell is seen at her desk in the Permanent Fund headquarters building on Sept. 29, 2017. (James Brooks | Juneau Empire)

Advisers recommend Permanent Fund lower its expectations; trustees defer action

The Alaska Permanent Fund’s trustees are putting off advice from the fund’s advisers and staff to lower their expectations. The decision, made this week at… Continue reading

Alaska Permanent Fund Corporation director Angela Rodell is seen at her desk in the Permanent Fund headquarters building on Sept. 29, 2017. (James Brooks | Juneau Empire)
Former state Sen. Rick Halford, left, and current state Sen. Bill Wielechowski answer questions about a lawsuit they filed at a press conference on Friday, Sept. 16, 2016, in Anchorage. The lawsuit filed by Wielechowski, Halford and former state Sen. Clem Tillion claimed Gov. Bill Walker acted illegally in vetoing half the money designated for the Alaska Permanent Fund Dividend. (Dan Joling | Associated Press)

Alaska Supreme Court upholds PFD veto

The Alaska Supreme Court has upheld Gov. Bill Walker’s veto of a portion of the 2016 Alaska Permanent Fund Dividend. In a decision issued Friday,… Continue reading

Former state Sen. Rick Halford, left, and current state Sen. Bill Wielechowski answer questions about a lawsuit they filed at a press conference on Friday, Sept. 16, 2016, in Anchorage. The lawsuit filed by Wielechowski, Halford and former state Sen. Clem Tillion claimed Gov. Bill Walker acted illegally in vetoing half the money designated for the Alaska Permanent Fund Dividend. (Dan Joling | Associated Press)

House votes for higher dividend, but deal is far from complete

The Alaska House of Representatives has voted to approve a $2,200 Permanent Fund Dividend for this fall, a sign that it is abandoning a long-term… Continue reading

Senate President Pete Kelly watches the vote on SB 26 in the Senate chambers on Wednesday. The Senate voted to use a portion of earnings from the Alaska Permanent Fund to fund government and cap dividends at $1,000 per person. (Michael Penn | Juneau Empire)

PFD on the chopping block

Lawmaker after lawmaker said the Senate does not relish the idea of touching what has long been a political third rail — the Permanent Fund… Continue reading

Senate President Pete Kelly watches the vote on SB 26 in the Senate chambers on Wednesday. The Senate voted to use a portion of earnings from the Alaska Permanent Fund to fund government and cap dividends at $1,000 per person. (Michael Penn | Juneau Empire)

Alaska Senate considers cutting the PFD in half

The full Alaska Senate will on Monday consider a proposal to erase much of Alaska’s multibillion-dollar budget deficit. In the process, the proposal would effectively… Continue reading

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