The Department of the Treasury and the Internal Revenue Service released new guidance that is “designed to expand the use of income annuities in 401(k) plans.”
June 23--WEARE -- The town's liability insurance administrator has agreed to pay $300,000 to the family of a Manchester man killed by police last year in an agreement that keeps the family from suing the town.
An Attorney General's report released in April did not determine if the conduct of Officer Nicholas Nadeau was justified when he shot and killed suspected heroin dealer Alex Cora deJesus, 35, of Manchester on Aug. 14 at Lanctot's Plaza parking lot on Route 114.
The family's attorney, Lawrence Vogelman of Manchester, had said in April that he planned to file a civil rights lawsuit against the town. The settlement agreement, which was signed June 10, stipulates that the family will not sue the town.
The payment, though, seemed to surprise town officials.
Thomas Clow, chairman of the select board, said he found out about the payment when he read a news article about it.
"When I read that story, it was the first time I heard that as well," he said.
Town Administrator Naomi Bolton said Saturday that she wasn't aware of the payment.
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