diff --git a/kotlin-native/performance/ring/src/main/kotlin/main.kt b/kotlin-native/performance/ring/src/main/kotlin/main.kt
index 7fdffafcc8f..30651c68c44 100644
--- a/kotlin-native/performance/ring/src/main/kotlin/main.kt
+++ b/kotlin-native/performance/ring/src/main/kotlin/main.kt
@@ -229,6 +229,9 @@ class RingLauncher : Launcher() {
                     "Calls.interfaceMethodHexamorphic" to BenchmarkEntryWithInit.create(::CallsBenchmark, { interfaceMethodCall_HexamorphicCallsite() }),
                     "LocalObjects.localArray" to BenchmarkEntryWithInit.create(::LocalObjectsBenchmark, { localArray() }),
                     "ComplexArrays.outerProduct" to BenchmarkEntryWithInit.create(::ComplexArraysBenchmark, { outerProduct() }),
+                    "WeakRefBenchmark.aliveReference" to BenchmarkEntryWithInit.create(::WeakRefBenchmark, { aliveReference() }),
+                    "WeakRefBenchmark.deadReference" to BenchmarkEntryWithInit.create(::WeakRefBenchmark, { deadReference() }),
+                    "WeakRefBenchmark.dyingReference" to BenchmarkEntryWithInit.create(::WeakRefBenchmark, { dyingReference() }),
             )
 
     init {
diff --git a/kotlin-native/performance/ring/src/main/kotlin/org/jetbrains/ring/WeakRefBenchmark.kt b/kotlin-native/performance/ring/src/main/kotlin/org/jetbrains/ring/WeakRefBenchmark.kt
new file mode 100644
index 00000000000..52508cec835
--- /dev/null
+++ b/kotlin-native/performance/ring/src/main/kotlin/org/jetbrains/ring/WeakRefBenchmark.kt
@@ -0,0 +1,75 @@
+/*
+ * Copyright 2010-2022 JetBrains s.r.o. Use of this source code is governed by the Apache 2.0 license
+ * that can be found in the LICENSE file.
+ */
+
+package org.jetbrains.ring
+
+import kotlin.native.internal.GC
+import kotlin.native.ref.WeakReference
+import kotlin.test.assertEquals
+import kotlin.test.assertNotEquals
+import kotlinx.cinterop.StableRef
+import org.jetbrains.benchmarksLauncher.Blackhole
+import org.jetbrains.benchmarksLauncher.Random
+
+private const val REPEAT_COUNT = BENCHMARK_SIZE
+private const val REFERENCES_COUNT = 3
+
+private class Data(var x: Int = Random.nextInt(1000) + 1)
+
+private class ReferenceWrapper private constructor(
+    data: Data
+) {
+    private val weak = WeakReference(data)
+    private val strong = StableRef.create(data)
+
+    val value: Int
+        get() {
+            val ref: Data? = weak.value
+            if (ref == null) {
+                return 0
+            }
+            return ref.x
+        }
+
+    fun dispose() {
+        strong.dispose()
+    }
+
+    companion object {
+        fun create() = ReferenceWrapper(Data())
+    }
+}
+
+private fun ReferenceWrapper.stress() = (1..REPEAT_COUNT).sumOf {
+    this.value
+}
+
+open class WeakRefBenchmark {
+    private val aliveRef = ReferenceWrapper.create()
+    private val deadRef = ReferenceWrapper.create().apply {
+        dispose()
+        GC.collect()
+    }
+
+    // Access alive reference.
+    fun aliveReference() {
+        assertNotEquals(0, aliveRef.stress())
+    }
+
+    // Access dead reference.
+    fun deadReference() {
+        assertEquals(0, deadRef.stress())
+    }
+
+    // Access reference that is nulled out in the middle.
+    fun dyingReference() {
+        val ref = ReferenceWrapper.create()
+
+        ref.dispose()
+        GC.schedule()
+
+        Blackhole.consume(ref.stress())
+    }
+}
diff --git a/kotlin-native/performance/swiftinterop/build.gradle.kts b/kotlin-native/performance/swiftinterop/build.gradle.kts
index 4640da39fc8..351bfe37c11 100644
--- a/kotlin-native/performance/swiftinterop/build.gradle.kts
+++ b/kotlin-native/performance/swiftinterop/build.gradle.kts
@@ -17,7 +17,11 @@ swiftBenchmark {
     applicationName = "swiftInterop"
     commonSrcDirs = listOf("$toolsPath/benchmarks/shared/src/main/kotlin/report", "src", "../shared/src/main/kotlin")
     nativeSrcDirs = listOf("../shared/src/main/kotlin-native/common", "../shared/src/main/kotlin-native/posix")
-    swiftSources = listOf("$projectDir/swiftSrc/benchmarks.swift", "$projectDir/swiftSrc/main.swift")
+    swiftSources = listOf(
+        "$projectDir/swiftSrc/benchmarks.swift",
+        "$projectDir/swiftSrc/main.swift",
+        "$projectDir/swiftSrc/weakRefBenchmarks.swift",
+    )
     compileTasks = listOf("compileKotlinNative", "linkBenchmark${buildType.name.toLowerCase().capitalize()}FrameworkNative")
     cleanBeforeRunTask = "compileKotlinNative"
-}
\ No newline at end of file
+}
diff --git a/kotlin-native/performance/swiftinterop/src/main/kotlin/org/jetbrains/GC.kt b/kotlin-native/performance/swiftinterop/src/main/kotlin/org/jetbrains/GC.kt
new file mode 100644
index 00000000000..053d196411f
--- /dev/null
+++ b/kotlin-native/performance/swiftinterop/src/main/kotlin/org/jetbrains/GC.kt
@@ -0,0 +1,11 @@
+/*
+ * Copyright 2010-2022 JetBrains s.r.o. Use of this source code is governed by the Apache 2.0 license
+ * that can be found in the LICENSE file.
+ */
+
+package org.jetbrains.gc
+
+import kotlin.native.internal.GC
+
+fun collect() = GC.collect()
+fun schedule() = GC.schedule()
diff --git a/kotlin-native/performance/swiftinterop/src/main/kotlin/org/jetbrains/model/Data.kt b/kotlin-native/performance/swiftinterop/src/main/kotlin/org/jetbrains/model/Data.kt
new file mode 100644
index 00000000000..c0477345707
--- /dev/null
+++ b/kotlin-native/performance/swiftinterop/src/main/kotlin/org/jetbrains/model/Data.kt
@@ -0,0 +1,10 @@
+/*
+ * Copyright 2010-2022 JetBrains s.r.o. Use of this source code is governed by the Apache 2.0 license
+ * that can be found in the LICENSE file.
+ */
+
+package org.jetbrains.model
+
+import org.jetbrains.benchmarksLauncher.Random
+
+class KotlinData(var x: Int = Random.nextInt())
diff --git a/kotlin-native/performance/swiftinterop/swiftSrc/main.swift b/kotlin-native/performance/swiftinterop/swiftSrc/main.swift
index 08ca4905ede..6481cbf6c76 100644
--- a/kotlin-native/performance/swiftinterop/swiftSrc/main.swift
+++ b/kotlin-native/performance/swiftinterop/swiftSrc/main.swift
@@ -36,6 +36,28 @@ swiftLauncher.addBase(name: "createMultigraphOfInt", benchmark: companion.create
         lambda: { ($0 as! SwiftInteropBenchmarks).stringInterop() }))
     swiftLauncher.addBase(name: "simpleFunction", benchmark: companion.create(ctor: { return SwiftInteropBenchmarks() },
         lambda: { ($0 as! SwiftInteropBenchmarks).simpleFunction() }))
+swiftLauncher.addBase(
+    name: "WeakRefBenchmark.aliveReference",
+    benchmark: BenchmarkEntryWithInit.companion.create(
+        ctor: { return WeakRefBenchmark() },
+        lambda: { ($0 as! WeakRefBenchmark).aliveReference() }
+    )
+)
+swiftLauncher.addBase(
+    name: "WeakRefBenchmark.deadReference",
+    benchmark: BenchmarkEntryWithInit.companion.create(
+        ctor: { return WeakRefBenchmark() },
+        lambda: { ($0 as! WeakRefBenchmark).deadReference() }
+    )
+)
+swiftLauncher.addBase(
+    name: "WeakRefBenchmark.dyingReference",
+    benchmark: BenchmarkEntryWithInit.companion.create(
+        ctor: { return WeakRefBenchmark() },
+        lambda: { ($0 as! WeakRefBenchmark).dyingReference() }
+    )
+)
+
 runner.runBenchmarks(args: args, run: { (arguments: BenchmarkArguments) -> [BenchmarkResult] in
     if arguments is BaseBenchmarkArguments {
         let argumentsList: BaseBenchmarkArguments = arguments as! BaseBenchmarkArguments
@@ -50,4 +72,4 @@ runner.runBenchmarks(args: args, run: { (arguments: BenchmarkArguments) -> [Benc
     return runner.parse(args: args, benchmarksListAction: { (baseOnly: KotlinBoolean) in swiftLauncher.benchmarksListAction(baseOnly: baseOnly.boolValue) }) },
   collect: { (benchmarks: [BenchmarkResult], arguments: BenchmarkArguments) -> Void in
     runner.collect(results: benchmarks, arguments: arguments)
-}, benchmarksListAction: { (baseOnly: KotlinBoolean) in swiftLauncher.benchmarksListAction(baseOnly: baseOnly.boolValue) })
\ No newline at end of file
+}, benchmarksListAction: { (baseOnly: KotlinBoolean) in swiftLauncher.benchmarksListAction(baseOnly: baseOnly.boolValue) })
diff --git a/kotlin-native/performance/swiftinterop/swiftSrc/weakRefBenchmarks.swift b/kotlin-native/performance/swiftinterop/swiftSrc/weakRefBenchmarks.swift
new file mode 100644
index 00000000000..3c5f73012bf
--- /dev/null
+++ b/kotlin-native/performance/swiftinterop/swiftSrc/weakRefBenchmarks.swift
@@ -0,0 +1,81 @@
+/*
+ * Copyright 2010-2022 JetBrains s.r.o. Use of this source code is governed by the Apache 2.0 license
+ * that can be found in the LICENSE file.
+ */
+
+import Foundation
+import benchmark
+
+private let REPEAT_COUNT = 10000
+private let REFERENCES_COUNT = 3
+
+private class ReferenceWrapper {
+    private weak var weakRef: KotlinData?
+    private var strongRef: KotlinData?
+
+    init() {
+        let data = KotlinData(x: Int32.random(in: 1 ... 1000))
+        self.strongRef = data
+        self.weakRef = data
+    }
+
+    // This function must not be inlined. We must ensure `weakRef` is accessed at each loop iteration.
+    @inline(never) func value() -> Int32 {
+        let ref: KotlinData? = self.weakRef
+        if ref == nil {
+            return 0
+        }
+        return ref!.x
+    }
+
+    func dispose() {
+        self.strongRef = nil
+    }
+
+    func stress() -> Int32 {
+        var counter: Int32 = 0
+        for _ in 1...REPEAT_COUNT {
+            counter += self.value()
+        }
+        return counter
+    }
+}
+
+private func deadReferenceWrapper() -> ReferenceWrapper {
+    let ref = ReferenceWrapper()
+    ref.dispose()
+    GCKt.collect()
+    return ref
+}
+
+class WeakRefBenchmark {
+    private let aliveRef = ReferenceWrapper()
+    private let deadRef = deadReferenceWrapper()
+
+    // Access alive reference.
+    func aliveReference() {
+        let counter = aliveRef.stress()
+        if counter == 0 {
+            fatalError()
+        }
+    }
+
+    // Access dead reference.
+    func deadReference() {
+        let counter = deadRef.stress()
+        if counter != 0 {
+            fatalError()
+        }
+    }
+
+    // Access reference that is nulled out in the middle.
+    func dyingReference() {
+        let ref = ReferenceWrapper()
+
+        ref.dispose()
+        GCKt.schedule()
+
+        let counter = ref.stress()
+        Blackhole.companion.consume(value: counter)
+    }
+}
diff --git a/kotlin-native/runtime/src/gc/cms/cpp/ConcurrentMarkAndSweep.cpp b/kotlin-native/runtime/src/gc/cms/cpp/ConcurrentMarkAndSweep.cpp
index c3264c62063..842cd135116 100644
--- a/kotlin-native/runtime/src/gc/cms/cpp/ConcurrentMarkAndSweep.cpp
+++ b/kotlin-native/runtime/src/gc/cms/cpp/ConcurrentMarkAndSweep.cpp
@@ -53,6 +53,12 @@ void gc::ConcurrentMarkAndSweep::ThreadData::SafePointAllocation(size_t size) no
     gcScheduler_.OnSafePointAllocation(size);
     mm::SuspendIfRequested();
 }
+
+void gc::ConcurrentMarkAndSweep::ThreadData::Schedule() noexcept {
+    ThreadStateGuard guard(ThreadState::kNative);
+    gc_.state_.schedule();
+}
+
 void gc::ConcurrentMarkAndSweep::ThreadData::ScheduleAndWaitFullGC() noexcept {
     ThreadStateGuard guard(ThreadState::kNative);
     auto scheduled_epoch = gc_.state_.schedule();
diff --git a/kotlin-native/runtime/src/gc/cms/cpp/ConcurrentMarkAndSweep.hpp b/kotlin-native/runtime/src/gc/cms/cpp/ConcurrentMarkAndSweep.hpp
index ecdef1a9ea4..56d4f586a1d 100644
--- a/kotlin-native/runtime/src/gc/cms/cpp/ConcurrentMarkAndSweep.hpp
+++ b/kotlin-native/runtime/src/gc/cms/cpp/ConcurrentMarkAndSweep.hpp
@@ -80,6 +80,7 @@ public:
 
         void SafePointAllocation(size_t size) noexcept;
 
+        void Schedule() noexcept;
         void ScheduleAndWaitFullGC() noexcept;
         void ScheduleAndWaitFullGCWithFinalizers() noexcept;
 
diff --git a/kotlin-native/runtime/src/gc/cms/cpp/GCImpl.cpp b/kotlin-native/runtime/src/gc/cms/cpp/GCImpl.cpp
index 114efb334c9..c5bc342a03d 100644
--- a/kotlin-native/runtime/src/gc/cms/cpp/GCImpl.cpp
+++ b/kotlin-native/runtime/src/gc/cms/cpp/GCImpl.cpp
@@ -34,6 +34,10 @@ ALWAYS_INLINE void gc::GC::ThreadData::SafePointLoopBody() noexcept {
     SafePointRegular(*this, GCSchedulerThreadData::kLoopBodyWeight);
 }
 
+void gc::GC::ThreadData::Schedule() noexcept {
+    impl_->gc().Schedule();
+}
+
 void gc::GC::ThreadData::ScheduleAndWaitFullGC() noexcept {
     impl_->gc().ScheduleAndWaitFullGC();
 }
@@ -124,4 +128,4 @@ ALWAYS_INLINE void gc::GC::processArrayInMark(void* state, ArrayHeader* array) n
 // static
 ALWAYS_INLINE void gc::GC::processFieldInMark(void* state, ObjHeader* field) noexcept {
     gc::internal::processFieldInMark<gc::internal::MarkTraits>(state, field);
-}
\ No newline at end of file
+}
diff --git a/kotlin-native/runtime/src/gc/common/cpp/GC.hpp b/kotlin-native/runtime/src/gc/common/cpp/GC.hpp
index 742dcb35fe9..953232d167f 100644
--- a/kotlin-native/runtime/src/gc/common/cpp/GC.hpp
+++ b/kotlin-native/runtime/src/gc/common/cpp/GC.hpp
@@ -35,6 +35,7 @@ public:
         void SafePointFunctionPrologue() noexcept;
         void SafePointLoopBody() noexcept;
 
+        void Schedule() noexcept;
         void ScheduleAndWaitFullGC() noexcept;
         void ScheduleAndWaitFullGCWithFinalizers() noexcept;
 
diff --git a/kotlin-native/runtime/src/gc/noop/cpp/GCImpl.cpp b/kotlin-native/runtime/src/gc/noop/cpp/GCImpl.cpp
index dfca326cd84..6dc3051bea4 100644
--- a/kotlin-native/runtime/src/gc/noop/cpp/GCImpl.cpp
+++ b/kotlin-native/runtime/src/gc/noop/cpp/GCImpl.cpp
@@ -24,6 +24,10 @@ ALWAYS_INLINE void gc::GC::ThreadData::SafePointLoopBody() noexcept {
     impl_->gc().SafePointLoopBody();
 }
 
+void gc::GC::ThreadData::Schedule() noexcept {
+    impl_->gc().Schedule();
+}
+
 void gc::GC::ThreadData::ScheduleAndWaitFullGC() noexcept {
     impl_->gc().ScheduleAndWaitFullGC();
 }
@@ -100,4 +104,4 @@ ALWAYS_INLINE void gc::GC::processObjectInMark(void* state, ObjHeader* object) n
 ALWAYS_INLINE void gc::GC::processArrayInMark(void* state, ArrayHeader* array) noexcept {}
 
 // static
-ALWAYS_INLINE void gc::GC::processFieldInMark(void* state, ObjHeader* field) noexcept {}
\ No newline at end of file
+ALWAYS_INLINE void gc::GC::processFieldInMark(void* state, ObjHeader* field) noexcept {}
diff --git a/kotlin-native/runtime/src/gc/noop/cpp/NoOpGC.hpp b/kotlin-native/runtime/src/gc/noop/cpp/NoOpGC.hpp
index 5f1bf00677f..7a514c3e782 100644
--- a/kotlin-native/runtime/src/gc/noop/cpp/NoOpGC.hpp
+++ b/kotlin-native/runtime/src/gc/noop/cpp/NoOpGC.hpp
@@ -41,6 +41,7 @@ public:
         void SafePointLoopBody() noexcept {}
         void SafePointAllocation(size_t size) noexcept {}
 
+        void Schedule() noexcept {}
         void ScheduleAndWaitFullGC() noexcept {}
         void ScheduleAndWaitFullGCWithFinalizers() noexcept {}
 
diff --git a/kotlin-native/runtime/src/gc/stms/cpp/GCImpl.cpp b/kotlin-native/runtime/src/gc/stms/cpp/GCImpl.cpp
index fbb33f6c974..dd80b22548a 100644
--- a/kotlin-native/runtime/src/gc/stms/cpp/GCImpl.cpp
+++ b/kotlin-native/runtime/src/gc/stms/cpp/GCImpl.cpp
@@ -37,6 +37,10 @@ ALWAYS_INLINE void gc::GC::ThreadData::SafePointLoopBody() noexcept {
     SafePointRegular(*this, GCSchedulerThreadData::kLoopBodyWeight);
 }
 
+void gc::GC::ThreadData::Schedule() noexcept {
+    impl_->gc().Schedule();
+}
+
 void gc::GC::ThreadData::ScheduleAndWaitFullGC() noexcept {
     impl_->gc().ScheduleAndWaitFullGC();
 }
@@ -119,4 +123,4 @@ ALWAYS_INLINE void gc::GC::processArrayInMark(void* state, ArrayHeader* array) n
 // static
 ALWAYS_INLINE void gc::GC::processFieldInMark(void* state, ObjHeader* field) noexcept {
     gc::internal::processFieldInMark<gc::internal::MarkTraits>(state, field);
-}
\ No newline at end of file
+}
diff --git a/kotlin-native/runtime/src/gc/stms/cpp/SameThreadMarkAndSweep.hpp b/kotlin-native/runtime/src/gc/stms/cpp/SameThreadMarkAndSweep.hpp
index 1da48e442b2..7a7fd52b025 100644
--- a/kotlin-native/runtime/src/gc/stms/cpp/SameThreadMarkAndSweep.hpp
+++ b/kotlin-native/runtime/src/gc/stms/cpp/SameThreadMarkAndSweep.hpp
@@ -80,6 +80,7 @@ public:
         void SafePointSlowPath(SafepointFlag flag) noexcept;
         void SafePointAllocation(size_t size) noexcept;
 
+        void Schedule() noexcept { ScheduleAndWaitFullGC(); }
         void ScheduleAndWaitFullGC() noexcept;
         void ScheduleAndWaitFullGCWithFinalizers() noexcept { ScheduleAndWaitFullGC(); }
 
diff --git a/kotlin-native/runtime/src/legacymm/cpp/Memory.cpp b/kotlin-native/runtime/src/legacymm/cpp/Memory.cpp
index e5576c64697..0fcfd03fe55 100644
--- a/kotlin-native/runtime/src/legacymm/cpp/Memory.cpp
+++ b/kotlin-native/runtime/src/legacymm/cpp/Memory.cpp
@@ -3526,6 +3526,12 @@ void Kotlin_native_internal_GC_collect(KRef) {
 #endif
 }
 
+void Kotlin_native_internal_GC_schedule(KRef) {
+#if USE_GC
+    garbageCollect();
+#endif
+}
+
 extern "C" void Kotlin_Internal_GC_GCInfoBuilder_Fill(KRef builder, int id) {
 }
 
diff --git a/kotlin-native/runtime/src/main/kotlin/kotlin/native/internal/GC.kt b/kotlin-native/runtime/src/main/kotlin/kotlin/native/internal/GC.kt
index af4bc537d43..6f367fd061d 100644
--- a/kotlin-native/runtime/src/main/kotlin/kotlin/native/internal/GC.kt
+++ b/kotlin-native/runtime/src/main/kotlin/kotlin/native/internal/GC.kt
@@ -43,6 +43,12 @@ object GC {
     @GCUnsafeCall("Kotlin_native_internal_GC_collect")
     external fun collect()
 
+    /**
+     * Trigger new collection without waiting for its completion.
+     */
+     @GCUnsafeCall("Kotlin_native_internal_GC_schedule")
+     external fun schedule()
+
     /**
      * Deprecated and unused.
      *
diff --git a/kotlin-native/runtime/src/mm/cpp/Memory.cpp b/kotlin-native/runtime/src/mm/cpp/Memory.cpp
index 962e47c2fbf..23620106cac 100644
--- a/kotlin-native/runtime/src/mm/cpp/Memory.cpp
+++ b/kotlin-native/runtime/src/mm/cpp/Memory.cpp
@@ -310,6 +310,12 @@ extern "C" void Kotlin_native_internal_GC_collect(ObjHeader*) {
     threadData->gc().ScheduleAndWaitFullGCWithFinalizers();
 }
 
+extern "C" void Kotlin_native_internal_GC_schedule(ObjHeader*) {
+    auto* threadData = mm::ThreadRegistry::Instance().CurrentThreadData();
+    AssertThreadState(threadData, ThreadState::kRunnable);
+    threadData->gc().Schedule();
+}
+
 extern "C" void Kotlin_native_internal_GC_collectCyclic(ObjHeader*) {
     // TODO: Remove when legacy MM is gone.
     // Nothing to do
@@ -649,4 +655,4 @@ RUNTIME_NOTHROW ALWAYS_INLINE extern "C" void Kotlin_processFieldInMark(void* st
 RUNTIME_NOTHROW ALWAYS_INLINE extern "C" void Kotlin_processEmptyObjectInMark(void* state, ObjHeader* object) {
     // Empty object. Nothing to do.
     // TODO: Try to generate it in the code generator.
-}
\ No newline at end of file
+}