diff --git a/CHANGES.md b/CHANGES.md
index 5eca4ec80d28..108b6bf31188 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -66,6 +66,7 @@
 * Go SDK users can now use generic registration functions to optimize their DoFn execution. ([BEAM-14347](https://issues.apache.org/jira/browse/BEAM-14347))
 * Go SDK users may now write self-checkpointing Splittable DoFns to read from streaming sources. ([BEAM-11104](https://issues.apache.org/jira/browse/BEAM-11104))
 * Go SDK textio Reads have been moved to Splittable DoFns exclusively. ([BEAM-14489](https://issues.apache.org/jira/browse/BEAM-14489))
+* The serialization (pickling)  library for Python is updated to dill==0.3.5.1 ([BEAM-11167](https://issues.apache.org/jira/browse/BEAM-11167))
 
 ## Breaking Changes
 
diff --git a/sdks/python/container/py37/base_image_requirements.txt b/sdks/python/container/py37/base_image_requirements.txt
index c721f4e89186..d3dd3d37cd21 100644
--- a/sdks/python/container/py37/base_image_requirements.txt
+++ b/sdks/python/container/py37/base_image_requirements.txt
@@ -17,7 +17,7 @@
 # Run ./gradlew :sdks:python:container:generatePythonRequirementsAll to update.
 # Do not edit manually, adjust ../base_image_requirements_manual.txt or
 # Apache Beam's setup.py instead, and regenerate the list.
-# You will need Python intepreters for all versions supported by Beam, see:
+# You will need Python interpreters for all versions supported by Beam, see:
 # https://s.apache.org/beam-python-dev-wiki
 # Reach out to a committer if you need help.
 
@@ -38,7 +38,7 @@ crcmod==1.7
 cryptography==37.0.2
 Cython==0.29.28
 deprecation==2.1.0
-dill==0.3.1.1
+dill==0.3.5.1
 docker==5.0.3
 docopt==0.6.2
 execnet==1.9.0
diff --git a/sdks/python/container/py38/base_image_requirements.txt b/sdks/python/container/py38/base_image_requirements.txt
index 37d194cd9535..b66b6209faa1 100644
--- a/sdks/python/container/py38/base_image_requirements.txt
+++ b/sdks/python/container/py38/base_image_requirements.txt
@@ -17,7 +17,7 @@
 # Run ./gradlew :sdks:python:container:generatePythonRequirementsAll to update.
 # Do not edit manually, adjust ../base_image_requirements_manual.txt or
 # Apache Beam's setup.py instead, and regenerate the list.
-# You will need Python intepreters for all versions supported by Beam, see:
+# You will need Python interpreters for all versions supported by Beam, see:
 # https://s.apache.org/beam-python-dev-wiki
 # Reach out to a committer if you need help.
 
@@ -37,7 +37,7 @@ crcmod==1.7
 cryptography==37.0.2
 Cython==0.29.28
 deprecation==2.1.0
-dill==0.3.1.1
+dill==0.3.5.1
 docker==5.0.3
 docopt==0.6.2
 execnet==1.9.0
diff --git a/sdks/python/container/py39/base_image_requirements.txt b/sdks/python/container/py39/base_image_requirements.txt
index 5daabd22d611..b411535d334e 100644
--- a/sdks/python/container/py39/base_image_requirements.txt
+++ b/sdks/python/container/py39/base_image_requirements.txt
@@ -17,7 +17,7 @@
 # Run ./gradlew :sdks:python:container:generatePythonRequirementsAll to update.
 # Do not edit manually, adjust ../base_image_requirements_manual.txt or
 # Apache Beam's setup.py instead, and regenerate the list.
-# You will need Python intepreters for all versions supported by Beam, see:
+# You will need Python interpreters for all versions supported by Beam, see:
 # https://s.apache.org/beam-python-dev-wiki
 # Reach out to a committer if you need help.
 
@@ -37,7 +37,7 @@ crcmod==1.7
 cryptography==37.0.2
 Cython==0.29.28
 deprecation==2.1.0
-dill==0.3.1.1
+dill==0.3.5.1
 docker==5.0.3
 docopt==0.6.2
 execnet==1.9.0
diff --git a/sdks/python/container/run_generate_requirements.sh b/sdks/python/container/run_generate_requirements.sh
index 9fb39795b7d2..cbcb0ada7865 100755
--- a/sdks/python/container/run_generate_requirements.sh
+++ b/sdks/python/container/run_generate_requirements.sh
@@ -27,7 +27,7 @@
 # ./gradlew :sdks:python:container:generatePythonRequirementsAll
 # ./gradlew :sdks:python:container:py38:generatePythonRequirements
 
-# You will need Python intepreters for all versions supported by Beam, see:
+# You will need Python interpreters for all versions supported by Beam, see:
 # https://s.apache.org/beam-python-dev-wiki
 
 if [[ $# != 2 ]]; then
@@ -91,7 +91,7 @@ cat <<EOT > $REQUIREMENTS_FILE
 # Run ./gradlew :sdks:python:container:generatePythonRequirementsAll to update.
 # Do not edit manually, adjust ../base_image_requirements_manual.txt or
 # Apache Beam's setup.py instead, and regenerate the list.
-# You will need Python intepreters for all versions supported by Beam, see:
+# You will need Python interpreters for all versions supported by Beam, see:
 # https://s.apache.org/beam-python-dev-wiki
 # Reach out to a committer if you need help.
 
diff --git a/sdks/python/setup.py b/sdks/python/setup.py
index 96afb23c5481..2797574a09f3 100644
--- a/sdks/python/setup.py
+++ b/sdks/python/setup.py
@@ -211,7 +211,7 @@ def get_portability_package_data():
         # using older version of dill. It is best to use the same version of
         # dill on client and server, therefore list of allowed versions is very
         # narrow. See: https://github.com/uqfoundation/dill/issues/341.
-        'dill>=0.3.1.1,<0.3.2',
+        'dill>=0.3.5.1,<0.3.6',
         'cloudpickle>=2.0.0,<3',
         'fastavro>=0.23.6,<2',
         'grpcio>=1.29.0,<2',