They get pensions too. Those things most people used to get.

The idea is that sets them up because going back to working as a butcher or something would be a bit weird after being a national public figure. The reality is they do speaking engagements and join boards as well, raking it in.

https://www.crikey.com.au/2019/09/02/australian-mps-pay-afte...

Apparently it was changed so it's not quite as generous now, maybe someone can decode and summarise the current rules.