Cumbria Local Government Pension Scheme (Cumbria LGPS) is a multi-employer defined benefit public pension fund based in Preston, United Kingdom. This is a countrywide scheme, available to employees in local government or, where eligible, working for employers participating in the scheme. This is a funded pension scheme and the funds are set aside to meet the future retirement needs of scheme members. The assets of the pension fund are managed by the County Council Pension Committee who is responsible for the governance and stewardship of the fund. National Westminster Bank and State Street Bank serve as Custodians.