[Levin]

Two term MP get life time pension?

Yes.

At present, persons who have reached the age of 50 years and retired as MPs and who have served in this capacity for not less than nine years may be granted a pension for the rest of their lives. The annual amount payable is 1⁄30 of the person's highest annual salary for every completed year of service and 1⁄360 for every uncompleted year, up to a ceiling of two-thirds of the Member's annual salary.

https://en.wikipedia.org/wiki/Cabinet_of...e#Pensions