diff --git a/libs/walproposer/src/walproposer.rs b/libs/walproposer/src/walproposer.rs
index fb815607a7..f7b72b205f 100644
--- a/libs/walproposer/src/walproposer.rs
+++ b/libs/walproposer/src/walproposer.rs
@@ -496,9 +496,9 @@ mod tests {
                 // TODO: When updating Postgres versions, this test will cause
                 // problems. Postgres version in message needs updating.
                 //
-                // Greeting(ProposerGreeting { protocol_version: 2, pg_version: 160002, proposer_id: [0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0], system_id: 0, timeline_id: 9e4c8f36063c6c6e93bc20d65a820f3d, tenant_id: 9e4c8f36063c6c6e93bc20d65a820f3d, tli: 1, wal_seg_size: 16777216 })
+                // Greeting(ProposerGreeting { protocol_version: 2, pg_version: 160003, proposer_id: [0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0], system_id: 0, timeline_id: 9e4c8f36063c6c6e93bc20d65a820f3d, tenant_id: 9e4c8f36063c6c6e93bc20d65a820f3d, tli: 1, wal_seg_size: 16777216 })
                 vec![
-                    103, 0, 0, 0, 0, 0, 0, 0, 2, 0, 0, 0, 2, 113, 2, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0,
+                    103, 0, 0, 0, 0, 0, 0, 0, 2, 0, 0, 0, 3, 113, 2, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0,
                     0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 158, 76, 143, 54, 6, 60, 108, 110,
                     147, 188, 32, 214, 90, 130, 15, 61, 158, 76, 143, 54, 6, 60, 108, 110, 147,
                     188, 32, 214, 90, 130, 15, 61, 1, 0, 0, 0, 0, 0, 0, 1,
diff --git a/vendor/postgres-v16 b/vendor/postgres-v16
index 8ef3c33aa0..c271017c6c 160000
--- a/vendor/postgres-v16
+++ b/vendor/postgres-v16
@@ -1 +1 @@
-Subproject commit 8ef3c33aa01631e17cb24a122776349fcc777b46
+Subproject commit c271017c6c4846be59948766baec2ba4ace5dc9c
diff --git a/vendor/revisions.json b/vendor/revisions.json
index d022e6f455..a3af9331fe 100644
--- a/vendor/revisions.json
+++ b/vendor/revisions.json
@@ -1,5 +1,5 @@
 {
-  "v16": ["16.2", "8ef3c33aa01631e17cb24a122776349fcc777b46"],
+  "v16": ["16.3", "c271017c6c4846be59948766baec2ba4ace5dc9c"],
   "v15": ["15.7", "e2dbd63345c584de75173c27951f111249ae0016"],
   "v14": ["14.12", "21ec61d539d22a81fe811c2d79e26436820bc3f4"]
 }