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Representative Alan Austerman Session:
State Capitol, Room 434
Juneau, AK 99801-1182
Phone: (907) 465-2487
Fax: (907) 465-4956
Send E-Mail

Interim:
112 Mill Bay Road
Kodiak, AK 99615
Phone: (907) 486-8872
Fax: (907) 486-5264 (at LIO)

Permanent Fund Corporation's Graphic Overview of the Permanent Fund

Presented to the House Finance Committee April 20, 1999

As the Legislature works on the budget and talks about the future and a long range plan, the Permanent Fund (PF), Permanent Fund Dividend Program (PFD) and the Earnings Reserve will continue to come into the discussion. I thought it might be a good time to share the history of the PF in graphic format so that everyone will have a better understanding of the program.

The Permanent Fund Corporation gave the following presentation to the House Finance Committee April 20, 1999. Click on each thumbnail to view a larger image of each slide. The files are in progressive jpg format and range from 27 K to 72 K in size.

Long Term Investment Considerations Outline Mission Statement
Key Assumptions Historical Growth Chart Distribution of Fund Income Since Inception
Key Assumptions for the Future Increased Volatility in Capital Markets Historical Perspective of Long-Term Total Returns
Key Assumptions - Change to Way Income is Reports to Earnings Reserve Account Key Assumption - Inconsistancy in Reporting Income Crossing of the Lines in 1998 - Fund Income Greater than Oil Income
Conflicting Objectives Key Assumptions - How Much Can You Distribute? What Will be the Real Rate of Return in the Future?
Status Quo Rate of Return Assumed for 1999 - HB 156 Rate of Return Assumed for 1999 - CS HB 156 (State Affairs)
Rate of Returns Compared Composition of Investments How the Fund Works - Principal vs. Income
How the Fund Works - Sources of Principal How the Fund Works - Fund Income How the Fund Works - Fund Investments
How the Fund Works - Dividend Distribution vs. Inflation Proofing How the Fund Works - Dividend Calculation How the Fund Works - Income Available for Distribution #1
How the Fund Works - Income Available for Distribution #2 How the Fund Works - Income Available for Distribution #3 How the Fund Works - Income Available for Distribution #4
How the Fund Works - Inflation Proofing How the Fund Works - Only the Principal is Inflation Proofed #1 How the Fund Works - Only the Principal is Inflation Proofed #2
How the Fund Works - Only the Principal is Inflation Proofed #3 How the Fund Works - Percentage of Market Value Distribution State of New Mexico Investment Council
Advantages of Percentage of Market Value Distribution Payout The Role of the Permanent Fund in Alaska's Future Self-Interest if Rightly Understood

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