Dahlstrom's Plan: Stable Dividends, World-Class Fund

Lieutenant Governor Nancy Dahlstrom proposes a plan to stabilize Alaskas Permanent Fund dividend, aiming to increase future dividends and protect the fund from raids. Her proposal includes combining the Earnings Reserve and principal into one constitutionally protected account, limiting draws to five percent or actual realized returns, and maintaining the Percent of Market Value structure. This approach, according to independent modeling, could deliver more money for dividends in the long run while fully funding essential services. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.