diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5ad666fbfc..b287423108 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -29,6 +29,7 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/).
 - Update election-provider-multi-phase and staking crates [#1090](https://github.com/polkadot-fellows/runtimes/pull/1090)
 - Restrict StakingOperator proxy to explicit utility batch calls [#1093](https://github.com/polkadot-fellows/runtimes/pull/1093)
 - Regenerate weights for pallet_bridge_relayers on bridge-hub-polkadot [#1092](https://github.com/polkadot-fellows/runtimes/pull/1092)
+- Bump pallet-session to 45.2.0 to track consumer refs and release deposits for externally set keys([#1097](https://github.com/polkadot-fellows/runtimes/pull/1097))
 
 ## [2.0.7] 16.02.2026
 
diff --git a/Cargo.lock b/Cargo.lock
index cef4b10836..20d44543f6 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -10748,9 +10748,9 @@ dependencies = [
 
 [[package]]
 name = "pallet-session"
-version = "45.1.0"
+version = "45.2.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "28917666a918e39caf8d5bcc52150f4efdd4966243f6a02c5b70e6ae90bf3311"
+checksum = "03d39362f12857e78d799689c68a9ac286013e121dbf51bbc8342800285efed0"
 dependencies = [
  "frame-support",
  "frame-system",
diff --git a/Cargo.toml b/Cargo.toml
index ae6c2b38c6..aaf94b137c 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -167,7 +167,7 @@ pallet-remote-proxy = { path = "pallets/remote-proxy", default-features = false
 pallet-revive = { version = "0.12.2", default-features = false }
 pallet-salary = { version = "30.0.0", default-features = false }
 pallet-scheduler = { version = "46.0.0", default-features = false }
-pallet-session = { version = "45.1.0", default-features = false }
+pallet-session = { version = "45.2.0", default-features = false }
 pallet-session-benchmarking = { version = "45.0.0", default-features = false }
 pallet-society = { version = "45.0.0", default-features = false }
 pallet-staking = { version = "45.0.0", default-features = false }