A firing pin spring retaining clip assembly that displaces water and/or debris to enable a firing pin to move to discharge a firearm. The firing pin spring retaining clip assembly has at least one retaining clip with an exterior face and an interior face that extend between a first front edge and a rear edge. The at least one retaining clip further has at least one protrusion with a second front edge. The second front edge has a first width. The length is longer than the first width is wide. The at least one retaining clip mounts onto the firing pin having a retaining wall and a spring. In another embodiment, the at least one retaining clip also has at least one full protrusion having a third front edge and the length of the first front edge is also longer than width of the third front edge.