Does "Permanent Alimony" still exist?

Yes, permanent alimony can still be awarded. There is nothing stopping a couple from negotiating and agreeing to an award of permanent alimony. Outside of this situation, permanent alimony is rarely awarded. The same factors controlling an award of long-term, rehabilitative maintenance applies to permanent alimony: the recipient ex-spouse must have no realistic chance of employment, and the marriage must have been over a long period of time.