Jeff, 66, is married to Kezia, 73, both of whom live in Ontario. Because of their declining mobility, they are planning their last active trip abroad in retirement cave diving in Mexico. He always worries about Kezia's financial stability. Before departing, he asks you what would happen to his single life monthly benefit he receives from his DB pension if he were to die?

1. Transfer to Kezia; she would receive the entire benefit amount 2. Transfer to Kezia; she would receive the entire commuted value 3. If Jeff died abroad, his pension would be assumed by the Mexican government 4. Transfer to Kezia; she would receive roughly 2/3 the benefit amount