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Million-dollar candidate

Bernie Rhinerson, seeking to become a San Diego Community College District trustee, reported savings in the millions.
Bernie Rhinerson, seeking to become a San Diego Community College District trustee, reported savings in the millions.

Most public workers may be singing the blues about their pension systems, but at least one is going all the way to the bank. Bernie Rhinerson, chief of staff at the San Diego Unified School District, reports that last year his personal retirement account at Fidelity Investments was worth more than $1 million. On top of that, his mutual fund holdings with Vanguard Investments were valued between $100,000 and $1 million, and as a moonlighting instructor in public administration at San Diego State University he made between $1001 and $10,000. Rhinerson undertook the legally required disclosures as part of his electoral filing to become a trustee of the San Diego Community College District. A lobbyist for years with Southwest Strategies, founded by ex–Evening Tribune reporter Alan Ziegaus, Rhinerson has been in his current job since 2008. Reached by phone, Rhinerson, 60, explained that he hadn’t been enrolled in a pension fund until he took his present job and that his reported retirement stash was entirely the result of his and his wife’s personal saving over the years.

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Bernie Rhinerson, seeking to become a San Diego Community College District trustee, reported savings in the millions.
Bernie Rhinerson, seeking to become a San Diego Community College District trustee, reported savings in the millions.

Most public workers may be singing the blues about their pension systems, but at least one is going all the way to the bank. Bernie Rhinerson, chief of staff at the San Diego Unified School District, reports that last year his personal retirement account at Fidelity Investments was worth more than $1 million. On top of that, his mutual fund holdings with Vanguard Investments were valued between $100,000 and $1 million, and as a moonlighting instructor in public administration at San Diego State University he made between $1001 and $10,000. Rhinerson undertook the legally required disclosures as part of his electoral filing to become a trustee of the San Diego Community College District. A lobbyist for years with Southwest Strategies, founded by ex–Evening Tribune reporter Alan Ziegaus, Rhinerson has been in his current job since 2008. Reached by phone, Rhinerson, 60, explained that he hadn’t been enrolled in a pension fund until he took his present job and that his reported retirement stash was entirely the result of his and his wife’s personal saving over the years.

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4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
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