Q. When I retired from the U.S. Postal Service in 2010, I elected to purchase a survivor annuity for my spouse. Should I survive my spouse, will I be entitled to any of the funds that I paid for the annuity?
A. No, you won’t. However, your annuity would be prospectively increased to the full amount you would have received if you hadn’t elected a survivor benefit. That increase would be based on your original annuity, plus any COLAs that were added between the time you retired and the date on which your spouse died.