Adi, age 45 and Bae, age 47 are going through a marriage breakdown. Adi was part of a registered pension plan. The payment options to Bae from the pension plan due to marriage breakdown are the following, except:
1) Purchase of an immediate annuity
2) Payment of a company pension upon retirement age
3) A lump-sum transfer to the Bae's locked-in retirement account (LIRA) or locked-in RRSP
4) A transfer of pension credits to the RPP of Bae (if she belongs to her own pension plan at her own place of employment)