diff --git a/app/models/clusters/applications/runner.rb b/app/models/clusters/applications/runner.rb
index a4a2e2b79a6..43bf852c7ec 100644
--- a/app/models/clusters/applications/runner.rb
+++ b/app/models/clusters/applications/runner.rb
@@ -3,7 +3,7 @@
 module Clusters
   module Applications
     class Runner < ActiveRecord::Base
-      VERSION = '0.1.31'.freeze
+      VERSION = '0.1.34'.freeze
 
       self.table_name = 'clusters_applications_runners'
 
diff --git a/changelogs/unreleased/update-runner-chart-to-0-1-34.yml b/changelogs/unreleased/update-runner-chart-to-0-1-34.yml
new file mode 100644
index 00000000000..ebd34bb86b8
--- /dev/null
+++ b/changelogs/unreleased/update-runner-chart-to-0-1-34.yml
@@ -0,0 +1,5 @@
+---
+title: Update used version of Runner Helm Chart to 0.1.34
+merge_request: 22274
+author:
+type: other
diff --git a/spec/models/clusters/applications/runner_spec.rb b/spec/models/clusters/applications/runner_spec.rb
index 42448b42c8e..23643d1c4d2 100644
--- a/spec/models/clusters/applications/runner_spec.rb
+++ b/spec/models/clusters/applications/runner_spec.rb
@@ -17,7 +17,7 @@ describe Clusters::Applications::Runner do
       let(:application) { create(:clusters_applications_runner, :scheduled, version: '0.1.30') }
 
       it 'updates the application version' do
-        expect(application.reload.version).to eq('0.1.31')
+        expect(application.reload.version).to eq('0.1.34')
       end
     end
   end
@@ -45,7 +45,7 @@ describe Clusters::Applications::Runner do
     it 'should be initialized with 4 arguments' do
       expect(subject.name).to eq('runner')
       expect(subject.chart).to eq('runner/gitlab-runner')
-      expect(subject.version).to eq('0.1.31')
+      expect(subject.version).to eq('0.1.34')
       expect(subject).not_to be_rbac
       expect(subject.repository).to eq('https://charts.gitlab.io')
       expect(subject.files).to eq(gitlab_runner.files)
@@ -63,7 +63,7 @@ describe Clusters::Applications::Runner do
       let(:gitlab_runner) { create(:clusters_applications_runner, :errored, runner: ci_runner, version: '0.1.13') }
 
       it 'should be initialized with the locked version' do
-        expect(subject.version).to eq('0.1.31')
+        expect(subject.version).to eq('0.1.34')
       end
     end
   end