Today this question, from Jan 7, 2013 got deleted (by a mod). It appears that:
- The author of the question lost all points earned for the question.
- I lost the points earned for my (recent) answer.
But, this question has another answer, posted on Jan 7, 2013. And it appears that the points earned for that answer are not deducted from that user's balance of points.
So what's the logic to yes/no get your points balance corrected when a question gets deleted? Maybe there is something like "answers older then X days are immune to rep changes in case of deletions"?
PS: feel free to migrate this question to meta.SE, it actually applies to any SE site.