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Yes it does matter. Because people are saying it wrongly doesn`t make it right. Daylight saving time (often abbreviated to DST) is the correct form of the phrase. However, a lot of people say savings instead of saving. In casual speech, it’s generally fine to say either, but when you’re...

It is daylight saving not savings.......you aren`t putting it in a bank!

Pensions are paid in arrears. They are not 'holding it' as some are saying. I think you will find you got a small increase, which is either one or two days at the new rate.