The $250 million question: Did Mayor Chuck Reed and other city officials knowingly lie about the worst-case scenario for San Jose’s pension crisis? An ethics complaint that included almost 800 city employee signatures was turned into the Elections Commission Thursday. The complaint, filed on the heels of an NBC Bay Area report, states that Reed, Director of Retirement Services Russell Crosby and former city actuary Michale Moehle knowingly used false information to bolster the mayor’s push to declare a fiscal emergency, which may have also had an adverse effect on pension reform negotiations. In an interview Thursday, Mayor Reed defended the worst-case scenario projection.
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