Permanent Fund leaders again call to restructure fund as spendable cash dwindles

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Permanent Fund leaders again call to restructure fund as spendable cash dwindles

The Michael J. Burns Building, which houses the Permanent Fund offices on 10th Street, on Tuesday, Jan. 20, 2024. (Clarise Larson/KTOO) There’s a nearly 50-50 chance that the Alaska Permanent Fund won’t have enough spendable money to pay dividends and the state’s bills at least once over the next decade — unless lawmakers change the structure of the fund to function more like a university endowment. That’s the message Permanent Fund leaders and …