diff --git a/compiler/backend/src/org/jetbrains/kotlin/codegen/ClosureCodegen.java b/compiler/backend/src/org/jetbrains/kotlin/codegen/ClosureCodegen.java
index 4de6487587f..7b723800709 100644
--- a/compiler/backend/src/org/jetbrains/kotlin/codegen/ClosureCodegen.java
+++ b/compiler/backend/src/org/jetbrains/kotlin/codegen/ClosureCodegen.java
@@ -260,7 +260,9 @@ public class ClosureCodegen extends MemberCodegen<KtElement> {
                         }
 
                         if (functionReferenceTarget != null) {
-                            v.invokestatic(REFLECTION, "function", Type.getMethodDescriptor(K_FUNCTION, FUNCTION_REFERENCE), false);
+                            if (!"true".equalsIgnoreCase(System.getProperty("kotlin.jvm.optimize.callable.references"))) {
+                                v.invokestatic(REFLECTION, "function", Type.getMethodDescriptor(K_FUNCTION, FUNCTION_REFERENCE), false);
+                            }
                         }
 
                         return Unit.INSTANCE$;
diff --git a/compiler/backend/src/org/jetbrains/kotlin/codegen/PropertyReferenceCodegen.kt b/compiler/backend/src/org/jetbrains/kotlin/codegen/PropertyReferenceCodegen.kt
index 290a9626e33..e6729b9ff3d 100644
--- a/compiler/backend/src/org/jetbrains/kotlin/codegen/PropertyReferenceCodegen.kt
+++ b/compiler/backend/src/org/jetbrains/kotlin/codegen/PropertyReferenceCodegen.kt
@@ -90,7 +90,9 @@ public class PropertyReferenceCodegen(
     // TODO: ImplementationBodyCodegen.markLineNumberForSyntheticFunction?
     override fun generateBody() {
         generateConstInstance(asmType, wrapperMethod.getReturnType()) { iv ->
-            iv.invokestatic(REFLECTION, wrapperMethod.getName(), wrapperMethod.getDescriptor(), false)
+            if (!"true".equals(System.getProperty("kotlin.jvm.optimize.callable.references"), ignoreCase = true)) {
+                iv.invokestatic(REFLECTION, wrapperMethod.getName(), wrapperMethod.getDescriptor(), false)
+            }
         }
 
         generateMethod("property reference init", 0, method("<init>", Type.VOID_TYPE)) {