Category: News

Every year, Sault Tribe mails interest dividend checks to Sault Tribe elders 60 and older. According to the Enrollment Department, 5,819 elders received checks for $493 on Jan. 11 this year.

This year’s interest came to $2,780,027.

After the tribe received its share of the Michigan Indian Land Claims Settlement Act funds in 1997, the money was put into an interest bearing account for seniors. Because it is derived from a settlement, interest pay outs are non-taxable.

Although 5,999 tribal members are eligible for the checks by virtue of being 60 or older, 180 could not be located.