Former Speaker Bronwyn Bishop would retire on a taxpayer-funded pension of $255,000 plus 10 free domestic return flights a year if she were to take the Prime Minister's hint and quit Parliament at the next election.

Tony Abbott all but declared the former Speaker's political career over on Tuesday.

But cabinet minister Christopher Pyne, who worked closely with Mrs Bishop in his capacity as leader of the house, said he hoped she prevailed at the ballot box if she recontested.