CSRS retirement and survivor annuity


Q. If I retire under CSRS and elect a full survivor annuity and my spouse dies before I die, would my annuity be increased at the time of her death?

If I were to remarry, could I elect a survivor annuity for my new spouse at that time?

A. If your spouse were to die before you, your annuity would prospectively be returned to what it would have been had you not elected a survivor annuity. If you were to later remarry and elect a survivor annuity for your new spouse, there would be two reductions in your annuity. One would be the standard reduction to provide for the survivor annuity. The second would be a permanent actuarial reduction to pay the survivor benefit deposit. The latter would equal the difference between the new annuity rate and the annuity paid to you each month since you retired, plus 6 percent interest.



About Author

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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