(SitNews) Juneau, Alaska - The Alaska Department of Revenue announced Wednesday the implementation of a new pilot program designed to screen applicants who may not be eligible to receive a Permanent Fund Dividend (PFD).

The PFD Division launched this additional auditing process utilizing third-party eligibility analytics in early September and anticipates sending requests for additional information to selected applicants within the coming weeks. This program was funded by the legislature during the 2016 legislative session.

“The goal is to take action prior to the distribution of 2016 dividends on October 6, 2016,” said Commissioner Randall Hoffbeck. “Every individual 2016 PFD application is being analyzed utilizing services from the LexisNexis Company to identify applications requiring further review."

Hoffbeck said, "Alaskans who truthfully answered the questions on the PFD application shouldn’t be concerned if they receive a request for more information. However, it is critical that a request for additional information is answered because a failure to respond to the PFD Division’s request will result in a denied application.”

This new initiative will also apply to the 2017 application season that begins on January 1, 2017.

Reporting & Editing by Mary Kauffman, SitNews

Source of News:

Alaska Department of Revenue
http://www.revenue.state.ak.us

 

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