The Legislative Budget and Audit Committee voted 10-0 to issue subpoenas to all six of the corporation’s board members, four employees and a Department of Revenue worker.
"Alaska Permanent Fund Corporation"
The Year in KTOO News: Spotlight on state government
Lawmakers spent a record amount of time at the capitol this year trying to agree on a budget.
Permanent Fund Corporation CEO raises questions after trustee proposes cutting staff pay
Two members of Governor Mike Dunleavy’s cabinet who are trustees — Revenue Commissioner Lucinda Mahoney and Natural Resources Commissioner Corri Feige — voted against the corporation’s budget proposal.
On eve of Alaska special session’s end, PFD bills aren’t resolved
Lawmakers are discussing two bills: One that sets the amount of this year’s permanent fund dividend payout and another bill to set future PFDs.
Alaska Permanent Fund Corp, with millions in GameStop shares, eyes stock surge warily
Alaska Permanent Fund Corporation CEO Angela Rodell said GameStop is just one of over 11,000 different stocks in the organization’s portfolio. On top of that, it’s also invested in bonds, real estate and private equity.
Dunleavy’s plan for PFDs collides with law designed to protect Alaska Permanent Fund
Gov. Mike Dunleavy’s proposed state budget draws over $3 billion more than planned from the Alaska Permanent Fund. That puts the budget on a collision course with a state law meant to build the fund in the future.
PFDs, state funding at risk if Alaska Permanent Fund earnings reserve falls to zero, board hears
The problem could happen if there are poor results from fund investments, like stocks.
Alaskans see opportunities for success and failure as Permanent Fund Corporation invests in-state
The Alaska Permanent Fund Corporation puts $200 million in funding toward new in-state investment program.
Alaska’s sales pitch: Vast resources and a melting Arctic
Gov. Mike Dunleavy had an audience of more than 30 sovereign wealth funds at a global forum happening in Juneau this week.
Bill would provide $1,600 dividends, with aim of growing permanent fund
Gov. Mike Dunleavy said Monday he would veto the Senate bill. He supports following the traditional PFD formula set in 1982.