Trustees Request Your Support for Constitutional Inflation-Proofing
of the Permanent Fund

"Board of Trustees unanimously supports..."

“Inflation is like a thief in the night.”

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How is the Fund doing lately?

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Permanent Fund’s
projected range of returns

The job of the APFC is
to meet three objectives

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Permanent Fund is a
key part of Alaska’s future…

Section 15.  Alaska Permanent Fund.  (a)  At least twenty-five per cent of all mineral lease rentals, royalties, royalty sale proceeds, federal mineral revenue sharing payments and bonuses received by the State shall be placed in a permanent fund, the principal of which shall be used only for those income-producing investments specifically designated by law as eligible for permanent fund investments.  All income from the permanent fund shall be deposited in the permanent [GENERAL] fund [UNLESS OTHERWISE PROVIDED BY LAW].

(b)  For any fiscal year, appropriations from the permanent fund shall be limited to five percent of the average of the year-end market values of the permanent fund for the last five fiscal years, including the fiscal year just ended.  No other appropriations from the permanent fund may be made.
Yes [  ] No [  ]

How does it work?

"The Fund will retain the..."

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How is this different
from the status quo?

Why a constitutional amendment?

Why limit the payout to 5%?

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Public
will
decide

www.apfc.org