[debono]

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

That is a good deal..................