Austrian political party Greens has called on the government to investigate whether UniCredit 's Bank Austria unit would be benefitting from illegal state subsidies if it was allowed to shift thousands of employees into the state pension system . Neos argues that with Austria considering changing a law to allow the bank to transfer its workers from its own private pension system to a public one would shift the bill from the bank to taxpayers . Bank Austria is looking to cut costs by restructuring its retail operations , and this pension shift is part of this strategy .
Austrian Opposition party Neos has called on the EU to investigate whether UniCredit's Bank Austria unit would be benefitting from illegal state aid if it was allowed to shift thousands of employees into the state pension system. Neos argues that with Austria considering changing a law to allow the bank to transfer 3,300 workers from its own private pension system to a public one would shift the bill from the bank to taxpayers. Bank Austria is looking to cut costs by restructuring its retail operations, and this pension shift is part of this strategy.