Online Stock Enrollment and Automatic Elder Benefits
Thursday, January 24, 2019
SEALASKA STOCK ENROLLMENT PROCESS IS 100% ONLINE
The enrollment process was recently simplified, eliminating notarization requirements. Applicants can now take a picture and upload supporting documents on the MySealaska.com online application. Supporting documents include birth certificate, Certificate of Indian Blood, and potentially parents’ or grandparents’ birth certificates. You may be required to send additional documentation if you have had a name change or were adopted.
When Sealaska was established under the Alaska Native Claims Settlement Act (ANCSA), 15,782 people enrolled and are often called “original” shareholders. Each original shareholder received 100 shares of class “A”, “B” or “C” stock. Sealaska also has a perpetual enrollment for life estate stock (class “D” and “L”). Enrollment can occur any time of the year.
For more about online enrollment visit www.MySealaska.com.
OPTING IN FOR ELDER BENEFITS NOW AUTOMATIC
Sealaska shareholders who turn 65 will be automatically enrolled for Elder benefits. As a result, if you are eligible, shareholders will receive the benefits unless they “opt-out”. There are two elder benefits, a shareholder may qualify for, including a one-time payment from the Elders settlement trust, and the issuance of an additional 100 shares of Class “E” stock.
1. One-time Payment from the Elders Settlement Trust
Sealaska shareholders who hold Class “A”,”B” or “C” stock receive a one-time payment from the Trust when they turn 65. The one-time payment includes $20 per share, based on original shares owned on November 2, 1991. The payment will be made via direct deposit or mailed check, depending on how you choose to receive payments from Sealaska.
2. Issuance of 100 Shares of Class E Stock
The non-voting shares are in addition to any original Sealaska shares they currently own. Class “E” shares are life estate stock and cease to exist upon the death of the shareholder. *Please note, in the 2019 Winter newsletter, it was reported that the additional class E shares are voting, which is incorrect.
*Please note, in the 2019 Winter newsletter, it was reported that the additional class E shares are voting, which is incorrect.
Latest News
2025 Election Results
Posted 6/21/2025We are excited to announce that the results of the 2025 Sealaska election have been certified and are ready to share with all of you.
2025 Annual Meeting Agenda
Posted 6/21/2025
2025 Early Bird Prize Winners
Posted 6/10/2025Congratulations to our 2025 winners. At Sealaska, we are deeply grateful for your participation in this year’s election. Selecting exceptional leaders to help guide our shared future is one of the most meaningful ways for shareholders to engage with us. These winners were randomly selected from the pool of early birds by the Inspectors of Election. All payments will be processed this week and delivered via the payment method on file for distributions in MySealaska.com.
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Sealaska Seeking Applicants for President
Posted 6/3/2025We are continuing our search for a dynamic and visionary leader to serve as Sealaska’s president. It is important that we find the right candidate to fill this position, which is why the Sealaska board of directors is being as exacting as possible as we search for a candidate capable of amplifying the impact of our mission and providing benefits that empower our shareholders. To this end, the Sealaska board of directors recently revised the job description for the position of president and sought the assistance of a professional recruiting firm. Our hope is to announce a successful candidate as our new president this coming summer.
Shareholder Proxy Update
Posted 5/12/2025Shareholders, an error occurred when printing proxy cards regarding the number of shares you own and votes you have in the top right corner of your proxy card. This error does not affect the validity of your paper proxy, nor does it affect voting on MySealaska.com through the Election Connection portal
