How well do you know your Fund?

Question 1

In what year did Alaska voters create the Permanent Fund?

• 1959 (statehood)
• 1976
• 1982
• 2018

Question 2

What minimum share of mineral royalties must be saved in the Fund?

• 5%
• 10%
• At least 25%
• 100%

Question 3

Which part of the Fund cannot be spent without amending the constitution?

• The Principal
• The Earnings Reserve
• The dividend fund
• All of it can be spent freely

Question 4

Roughly how much can the state draw from the Fund each year under the POMV rule?

• As much as it wants
• 1%
• About 5% of market value
• 25%

Question 5

Since 2016, who effectively decides the size of the dividend?

• The APFC investment team
• The Legislature, each year
• A fixed formula no one can change
• The U.S. federal government

Question 6

What does "inflation-proofing" protect?

• The stock market
• The price of oil
• Legislators' salaries
• The Fund's real buying power