diff --git a/jps/jps-plugin/src/org/jetbrains/kotlin/jps/model/KotlinCommonCompilerArgumentsSerializer.kt b/jps/jps-plugin/src/org/jetbrains/kotlin/jps/model/KotlinCommonCompilerArgumentsSerializer.kt
index 3c8b6490436..2f15f384cfe 100644
--- a/jps/jps-plugin/src/org/jetbrains/kotlin/jps/model/KotlinCommonCompilerArgumentsSerializer.kt
+++ b/jps/jps-plugin/src/org/jetbrains/kotlin/jps/model/KotlinCommonCompilerArgumentsSerializer.kt
@@ -16,15 +16,15 @@
 
 package org.jetbrains.kotlin.jps.model
 
+import com.intellij.util.text.VersionComparatorUtil
 import com.intellij.util.xmlb.XmlSerializer
 import org.jdom.Element
-import org.jetbrains.kotlin.cli.common.arguments.CommonCompilerArguments
 import org.jetbrains.jps.model.JpsProject
 import org.jetbrains.jps.model.serialization.JpsProjectExtensionSerializer
-import org.jetbrains.kotlin.jps.JpsKotlinCompilerSettings
-
+import org.jetbrains.kotlin.cli.common.arguments.CommonCompilerArguments
 import org.jetbrains.kotlin.config.SettingConstants.KOTLIN_COMMON_COMPILER_ARGUMENTS_SECTION
 import org.jetbrains.kotlin.config.SettingConstants.KOTLIN_COMPILER_SETTINGS_FILE
+import org.jetbrains.kotlin.jps.JpsKotlinCompilerSettings
 
 internal class KotlinCommonCompilerArgumentsSerializer : JpsProjectExtensionSerializer(KOTLIN_COMPILER_SETTINGS_FILE,
                                                                                        KOTLIN_COMMON_COMPILER_ARGUMENTS_SECTION) {
@@ -32,6 +32,9 @@ internal class KotlinCommonCompilerArgumentsSerializer : JpsProjectExtensionSeri
     override fun loadExtension(project: JpsProject, componentTag: Element) {
         val settings = XmlSerializer.deserialize(componentTag, CommonCompilerArguments.DummyImpl::class.java)
                        ?: CommonCompilerArguments.DummyImpl()
+        if (VersionComparatorUtil.compare(settings.languageVersion, settings.apiVersion) < 0) {
+            settings.apiVersion = settings.languageVersion
+        }
         JpsKotlinCompilerSettings.setCommonCompilerArguments(project, settings)
     }