diff --git a/CMakeLists.txt b/CMakeLists.txt
index bcf2dd1c..cd41d16e 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1299,6 +1299,7 @@ if (NOT EVENT__DISABLE_TESTS)
                  test/regress_testutils.h
                  test/regress_util.c
                  test/regress_watch.c
+                 test/regress_timer_timeout.c
                  test/regress_ws.c
                  test/regress_ws.h
                  test/tinytest.c)
diff --git a/test/include.am b/test/include.am
index 53a68223..e061c937 100644
--- a/test/include.am
+++ b/test/include.am
@@ -127,6 +127,7 @@ test_regress_SOURCES = 				\
 	test/regress_watch.c				\
 	test/regress_ws.c				\
 	test/regress_ws.h				\
+	test/regress_timer_timeout.c		\
 	test/tinytest.c				\
 	$(regress_thread_SOURCES)		\
 	$(regress_zlib_SOURCES)
diff --git a/test/regress.h b/test/regress.h
index 0c0edf55..7237f07d 100644
--- a/test/regress.h
+++ b/test/regress.h
@@ -55,6 +55,7 @@ extern struct testcase_t listener_testcases[];
 extern struct testcase_t listener_iocp_testcases[];
 extern struct testcase_t thread_testcases[];
 extern struct testcase_t watch_testcases[];
+extern struct testcase_t event_timer_testcases[];
 
 extern struct evutil_weakrand_state test_weakrand_state;
 
diff --git a/test/regress_main.c b/test/regress_main.c
index a504d6ce..0d9f220f 100644
--- a/test/regress_main.c
+++ b/test/regress_main.c
@@ -454,6 +454,7 @@ struct testgroup_t testgroups[] = {
 	{ "thread/", thread_testcases },
 	{ "listener/", listener_testcases },
 	{ "watch/", watch_testcases },
+	{ "event_timer/", event_timer_testcases },
 #ifdef _WIN32
 	{ "iocp/", iocp_testcases },
 	{ "iocp/bufferevent/", bufferevent_iocp_testcases },
diff --git a/test/regress_timer_timeout.c b/test/regress_timer_timeout.c
new file mode 100644
index 00000000..87e8193d
--- /dev/null
+++ b/test/regress_timer_timeout.c
@@ -0,0 +1,127 @@
+// Copyright (c) 2023 Krzysztof Dynowski krzydyn@gmail.com
+
+#include <event2/event.h>
+#include <event2/util.h>
+#include "regress.h"
+#include "time-internal.h"
+
+#include <string.h>
+#include <stdio.h>
+#include <stdlib.h>
+#include <limits.h>
+#ifndef _WIN32
+#include <unistd.h>
+#endif
+
+typedef struct
+{
+	struct event_base *eb;
+	struct event *e;
+	struct timeval tv_tmo;
+} EventTimeoutTest;
+
+static void trigger_timer(evutil_socket_t fd, short events, void * arg)
+{
+}
+
+static void init_test(EventTimeoutTest *test, int flags)
+{
+	if (flags) {
+		struct event_config * cfg = event_config_new();
+		event_config_set_flag(cfg, flags);
+		test->eb = event_base_new_with_config(cfg);
+		event_config_free(cfg);
+	} else {
+		test->eb = event_base_new();
+	}
+	test->e = evtimer_new(test->eb, trigger_timer, NULL);
+}
+static void cleanup_test(EventTimeoutTest *test)
+{
+	event_del(test->e);
+	event_free(test->e);
+	event_base_free(test->eb);
+}
+
+static void set_timer_tv(EventTimeoutTest *test, const struct timeval* delay)
+{
+	int result;
+	evutil_gettimeofday(&test->tv_tmo, NULL);
+	result = evtimer_add(test->e, delay);
+	if (result == -1) {
+		perror("evtimer_add");
+		exit(1);
+	}
+	evutil_timeradd(&test->tv_tmo, delay, &test->tv_tmo);
+}
+static void set_timer(EventTimeoutTest *test, const long delay_us)
+{
+	struct timeval tv;
+	tv.tv_sec = delay_us/1000000;
+	tv.tv_usec = delay_us%1000000;
+	set_timer_tv(test, &tv);
+}
+static long remaining(EventTimeoutTest *test)
+{
+	struct timeval tv;
+	struct timeval now, rem;
+	int result = evtimer_pending(test->e, &tv);
+	if (result == -1) {
+		perror("evtimer_pending");
+		exit(1);
+	}
+	if (result == 0) {
+		return LONG_MAX;
+	}
+	evutil_gettimeofday(&now, NULL);
+	evutil_timersub(&tv, &now, &rem);
+	return rem.tv_sec*10000000L + rem.tv_usec;
+}
+
+static int test_with_flags(int flags)
+{
+	EventTimeoutTest test;
+	long i;
+	long err = 0;
+	int maxdiff = 0;
+	long rem, dur = 100;
+	struct timeval sleep_tm = { 0, 1 };
+	init_test(&test, flags);
+	for (i = 0; i < 1000; ++i) {
+		set_timer(&test, dur);
+		rem = remaining(&test);
+		if (rem > dur) {
+			int d = rem - dur;
+			++err;
+			if (maxdiff < d) maxdiff = d;
+		}
+		evutil_usleep_(&sleep_tm);
+	}
+	(void)err;
+	cleanup_test(&test);
+	return maxdiff;
+}
+
+static void timer_timeout_test(void *arg)
+{
+	struct basic_test_data *data = arg;
+	const char *flags_str = data ? data->setup_data : NULL;
+	int maxdiff;
+	if (flags_str == NULL) {
+		maxdiff = test_with_flags(0);
+		tt_int_op(maxdiff, ==, 0);
+	} else if (strstr("precise", flags_str)) {
+		maxdiff = test_with_flags(EVENT_BASE_FLAG_PRECISE_TIMER);
+		tt_int_op(maxdiff, ==, 0);
+	} else {
+		tt_fail_msg("Unsupported clock");
+	}
+end:
+	;
+}
+
+struct testcase_t event_timer_testcases[] = {
+	{ "default_clock", timer_timeout_test, TT_FORK, &basic_setup, NULL },
+	{ "precise_clock", timer_timeout_test, TT_FORK, &basic_setup, (void *)"precise" },
+	END_OF_TESTCASES
+};