diff --git a/system-parachains/collectives/collectives-polkadot/src/lib.rs b/system-parachains/collectives/collectives-polkadot/src/lib.rs
index 22209336a1..3791448114 100644
--- a/system-parachains/collectives/collectives-polkadot/src/lib.rs
+++ b/system-parachains/collectives/collectives-polkadot/src/lib.rs
@@ -115,7 +115,7 @@ pub const VERSION: RuntimeVersion = RuntimeVersion {
 	spec_name: create_runtime_str!("collectives"),
 	impl_name: create_runtime_str!("collectives"),
 	authoring_version: 1,
-	spec_version: 1_002_006,
+	spec_version: 1_002_008,
 	impl_version: 0,
 	apis: RUNTIME_API_VERSIONS,
 	transaction_version: 7,