O'Farrell set to bag generous pension

Barry O'Farrell, despite having his NSW premiership unceremoniously cut short, will still enjoy a generous taxpayer-funded pension for many years.

Mr O'Farrell, who resigned after giving misleading evidence to a corruption hearing about a $3000 gift of a bottle of wine, will collect a taxpayer-funded pension of more than $164,000 a year if he retires at the next election, Greens MP John Kaye says.

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Mr O'Farrell will also have the choice of receiving a $1.6 million lump sum payout instead of the yearly payment.

Dr Kaye says it's unfair Mr O'Farrell will enjoy the generous payout after cutting public sector salaries.

"As premier, Mr O'Farrell froze wages for nurses, teachers and paramedics behind inflation, slashed workers compensation benefits and retrenched 15,000 public sector workers," he said in a statement on Tuesday.

"He will have a much more comfortable post-work life than injured workers and most of the rest of the population."