San Jose Mayor Chuck Reed eats, sleeps and positively spits pension reform. He slammed through PR in San Jose with the help of voters in 2012, and while Measure B hasn’t accomplished everything he wanted, Reed’s doubled down with a proposed statewide measure (also being challenged in court). Getting the money to put a PR initiative on the state ballot takes beaucoup bucks, which is part of the reason Reed’s been speaking at conferences across the country the last year while rallying support from hedge-fund billionaires like Paul Singer and venture capitalist Michael Moritz. But the topic of one meeting the mayor took last month would dramatically alter his state pension plan.

What in tarnation is Chuck Reed up to? Pension reform, of course. The mayor of San Jose got future benefits for city employees scaled back last year with Measure B, and now he’s taking aim at a state ballot measure with the help of Texas moneymen and California libertarians.