diff --git a/activerecord/lib/active_record/connection_adapters/postgresql/column.rb b/activerecord/lib/active_record/connection_adapters/postgresql/column.rb
index 3ad1911a281e1..6b05a78aa44f6 100644
--- a/activerecord/lib/active_record/connection_adapters/postgresql/column.rb
+++ b/activerecord/lib/active_record/connection_adapters/postgresql/column.rb
@@ -8,8 +8,15 @@ class PostgreSQLColumn < Column #:nodoc:
       def serial?
         return unless default_function
 
-        %r{\Anextval\('"?#{table_name}_#{name}_seq"?'::regclass\)\z} === default_function
+        if %r{\Anextval\('"?(?<sequence_name>.+_(?<suffix>seq\d*))"?'::regclass\)\z} =~ default_function
+          sequence_name_from_parts(table_name, name, suffix) == sequence_name
+        end
       end
+
+      private
+        def sequence_name_from_parts(table_name, column_name, suffix)
+          "#{table_name}_#{column_name}_#{suffix}"
+        end
     end
   end
 end
diff --git a/activerecord/test/cases/adapters/postgresql/serial_test.rb b/activerecord/test/cases/adapters/postgresql/serial_test.rb
index d711b3b729e80..9188e7983e8f3 100644
--- a/activerecord/test/cases/adapters/postgresql/serial_test.rb
+++ b/activerecord/test/cases/adapters/postgresql/serial_test.rb
@@ -84,3 +84,39 @@ def test_schema_dump_with_not_bigserial
     assert_match %r{t\.bigint\s+"serials_id",\s+default: -> \{ "nextval\('postgresql_big_serials_id_seq'::regclass\)" \}$}, output
   end
 end
+
+module SequenceNameDetectionTestCases
+  class CollidedSequenceNameTest < ActiveRecord::PostgreSQLTestCase
+    include SchemaDumpingHelper
+
+    def setup
+      @connection = ActiveRecord::Base.connection
+      @connection.create_table :foo_bar, force: true do |t|
+        t.serial :baz_id
+      end
+      @connection.create_table :foo, force: true do |t|
+        t.serial :bar_id
+        t.bigserial :bar_baz_id
+      end
+    end
+
+    def teardown
+      @connection.drop_table :foo_bar, if_exists: true
+      @connection.drop_table :foo, if_exists: true
+    end
+
+    def test_serial_columns
+      columns = @connection.columns(:foo)
+      columns.each do |column|
+        assert_equal :integer, column.type
+        assert column.serial?
+      end
+    end
+
+    def test_schema_dump_with_collided_sequence_name
+      output = dump_table_schema "foo"
+      assert_match %r{t\.serial\s+"bar_id",\s+null: false$}, output
+      assert_match %r{t\.bigserial\s+"bar_baz_id",\s+null: false$}, output
+    end
+  end
+end