Delhi Govt to conduct audit of discoms regarding pension surcharge

07 Oct 2024 CW Team

Delhi Chief Minister Atishi has announced a special audit of power companies to investigate the pension surcharge issue, according to an official statement released on Wednesday. The audit, to be carried out by auditors approved by the Comptroller and Auditor General (CAG), aims to enhance transparency in the pension process of the Delhi Vidyut Board (DVB).

Currently, DISCOMs levy a seven percent pension surcharge on power consumers’ monthly bills, calculated as a percentage of the fixed and energy cost components.

Highlighting the government's commitment to pensioners, Atishi emphasized that ensuring the well-being of DVB pensioners is a top priority. This audit is expected to provide accountability and clarity regarding the funding and distribution of pension benefits, ensuring that pensioners receive the necessary support.

The Chief Minister has instructed the Delhi Electricity Regulatory Commission (DERC) to perform a comprehensive audit of all electricity distribution companies (DISCOMs) in the national capital. This initiative aims to protect the pension benefits of over 20,000 DVB pensioners and improve transparency.

The primary goal of the audit is to monitor the funds collected as pension surcharge and confirm their proper utilization for pension funding and related benefits for retired DVB employees.

"The well-being of DVB pensioners is our priority. This special audit will enhance transparency in the entire pension process. These pensioners have served Delhi for decades, and it is our responsibility to ensure they receive better facilities in their retirement," Atishi stated.

She further noted that the audit would ensure accountability and clarity in the collection of the pension surcharge and assess the ongoing funding needs of the pension trust.

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