The number of people aged 60+ is increasing at a fast rate and the result is a rapid increase in the dependency ratio. Alongside the associated risks for the sustainability of public finances, there are many opportunities as older people represent a valuable asset to society. These were discussed at the Peer Review held in Warsaw in October 2012 and hosted by the Polish Ministry of Labour and Social Policy. Representatives of eight Member States, the European Commission and stakeholder organisations attended the event. This report summarises the key issues discussed and the lessons learned. It is available in electronic format in English, French, German and Polish.