Eligible seniors will receive their final Longevity Bonus checks in August 2003. With that check, they will receive information about a new program called the Alaska Senior Assistance Program (ASAP). The ASAP is not a replacement for the Longevity Bonus, but it will help soften the blow to some seniors who are losing the bonus.
The Alaska Senior Assistance Program is a temporary program that will provide $120 a month to Alaska seniors age 65 or older who meet certain income and asset tests.