FRTIB's Stiffler to step down
- By Jason Miller
- Jun 29, 2005
Larry Stiffler brought the Thrift Savings Plan retirement system back to life. Now he will be taking on the good life.
After 35 years in government, Stiffler, the Federal Retirement Thrift Investment Board's director of automated systems, is retiring July 1 and plans on driving cross-country with his 16-year-old son.
'He and his son bought a 1971 Cutlass Supreme and have been working on it to get it into shape to drive across country,' said Tom Trabucco, spokesman for the board. 'He has not announced any future work plans beyond this summer.'
Stiffler came to the board in 1996 after working with the Navy and the Agriculture Department. He took over the troubled retirement system in 2001 after the board fired American Management Systems Inc. of Fairfax, Va., for failing to complete the system after four years and at a cost of more than $90 million. He led the team that hired the new contractor, Materials, Communications and Computers Inc. of Alexandria, Va., to take over the project, which was completed
in June 2003.
Since the completion of the system, Stiffler has been monitoring the upgrades to the application and its ongoing operations and maintenance, as well as leading the move to a new data center and setting up a new backup site.
Trabucco said no decision has been made on who will replace Stiffler. His deputy is Mark Haggerty.