Knowledge management and CBR?

Each year, the fund's realized earnings are split between inflation-proofing, operating expenses, and the annual Permanent Fund Dividend, which provides Alaskans who have resided in the state at least one calendar year an annual payment of approximately $1,000. Some officials have proposed changing the Permanent Fund's management system to a Percent of Market Value (PoMV) approach, but changing the fund's management system requires an amendment to the state constitution. The PoMV proposal would allow the state to withdraw up to five percent of the fund's value each year for the dividend program and government spending. Tentatively, the proposal is that half of the earnings will go to the dividend program and half will go to the state as an additional source of revenue, but this has yet to be approved. Advocates argue that the fund's average rate of return has historically been 8% and that the PoMV approach would inflation-proof the fund while allowing earnings to be used for more than just dividends. Critics are concerned that dividend amounts will go down, fear that money would be taken out of the principal in bad years, and ideologically believe that the state should not receive any money directly from the fund. Also, most Alaskans are generally hostile to the idea of allowing the government to tamper with the fund.