From the Nikkei over the weekend - on Japan's Government Pension Investment Fund

  • The GPIF will pay interest on deposits mandated by the Bank of Japan's negative rate policy (the BOJ negative rate policy ... depositors pay a 0.1% fee on a portion of funds on deposit at the central bank).
  • The GPIF has it deposits at a commercial bank, which had been paying the costs of the BOJ charges ... but now the fund will pay

More here if you're interested: Japanese pension fund shouldering costs of BOJ's negative rate