Pretty much the thread title. This noob’s guess would be: Yes, it does. The different wording throws me for a loop though 
It affects “skill recharge” of mastery skills and devotion procs.
It does not affect the cooldowns of item skills and has no bearing on block stats.
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Oh, I didn’t even think about devotion cooldowns! Thanks for answering the follow-up question as well!
A nice table to reference, yoinked from another thread in the forum. It’s really old but afaik still accurate.
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it’s not accurate 
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Ah goddammit. Which ones are not accurate now?
It was long time ago, but as I remember, “CDR Reset” works on “Passive Devotion”. In particuar I’d tested Time Dilation on Turtle Shell.
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what happened to “goodbye”? 
take care dude
CDR chance works on all “active” devos
There are no “passive” devotions in the same sense as mastery/item granted passives, they are just using the same trigger type without being the same proc/skill type (they/devo “passives” are regular buffs so “regular cdr rules”)
^CDR reset works on everything, except CDR reset doesn’t work on CDR reset, so Belgo/Eternity doesn’t work on Aeon, but CDR chance/Gildam type does work on Aeon.
CDR chance doesn’t work on item granted actives/it’s not unknown
Afaik block devos are not different from other when hit devos, so CDR reset works the same, CDR chance is kinda hard to gauge because of a caveat mechanic
^CDR chance “does” work on "everything"non item granted(including Mastery passives), if it’s 100% activation chance,
(but that technically doesn’t exist) - legit not clue if there is any way to measure cdr chance “not 100% activation” working on non regular stuff like when hit devos.
And the game becomes sorta really weird when you use real values instead of artificial ones (eg bloodlord blade 12% multiplicative stacking, vs single modifier with 50-90% chance of 100% reset), so it’s potentially kinda a semantics things (techncially works but effectively/practically doesn’t) or it actually does work on passive devos but is just really weird/difficult to proper confirm
edit example, quick test with a gildam suffix at 90% chance and 100% reset clearly show it applying to block/when hit devos
but the second it gets lowered to 50% activation it becomes almost impossible to determine if it’s actually working, if not at all interacting, or “engine rounding bork”
Now take real values that are even lower of 3-12% and it likely becomes a bigger mess to spot
*edit edit, it’s also just possible block stuff is hard to check because block mechanic borked itself making it harder with chance cdr
edit edit edit clarification, Turtle type is “special” in that it needs its shield depleted before it can activate a new shield, but you can reduce the cdr with procs while the shield is running and get a new shield instantly, provided you manage to re-trigger the hp criteria immediately too after first shield depletes ofc
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“X% Chance of Y% Skill Cooldown” (Gildam Arcanum suffix) definitely does not work on item-granted skills but it will affect devo proc cooldowns.
I think the interaction between Gildam and Ulzuin’s Chosen is strange too. Like I’m not even sure how it works now with the new charge mechanic. I think it stacks with the “X% of 100% reset” of Ulzuin but not sure exactly how.
chance resets are separate/individual so multiplicative not additive, and they don’t act on/don’t refresh subsequent charge cooldowns only the “current”/top one (the latter being intended iirc from Z response in a bug report)
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/10characters