Too many pending timers

Kong Enterprise 0.34.1-alpine throws up lots of error logs like:

[error] 75#0: *5 [lua] init.lua:32: log(): [rate-limiting] error starting new maintenance timer: too many pending timers, context: init_worker_by_lua*
[alert] 82#0: 4096 lua_max_running_timers are not enough

Should this be of any concern? If so, any way to fix?