"As a country we are not ready for the rapid ageing of our population, " Lord Filkin, the Labour peer who chairs the committee, said.
BBC: UK woefully underprepared for ageing society, say peers
Health-care spending is a much tougher issue, because it is being fed by both the ageing of the population and rising per-person demand for services.
But it could also slow down the ageing of the population and, by changing the ratio of young workers to old people, give time for the creation of a decent social-security system.
In the most pessimistic version, investment and productivity growth remain weak, and the economy is held back by the debt it has built up in recent years, as well as by the ageing of its population.
We've also learned that, on unchanged policy, the ageing of the population is going to push up spending over the next 50 years as a share of the economy - while tax revenues would be broadly flat.
The cost of providing health services is growing - by about 3% a year because of factors like the ageing population, cost of new drugs and lifestyle issues like obesity.
He said there was a changing demographic in terms of an ageing population but there was also a shortage of beds at the hospital.
Some of this is due to an ageing population and some to a rising share of that population in the labour force: the so-called participation rate has jumped a percentage point, to 40%, while slipping for the population as a whole.
Mr Ryan's plan seeks to tackle the deficits produced by the growing health and pension costs of an ageing population, while limiting government spending as a share of the economy.
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That is a stunning difference, accounted for almost entirely by the dramatic ageing of the European population.
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Only 7, 800 nurses are left in a region with a rapidly ageing population of 6m and 3, 300 unfilled nursing posts.
It said that "taking in younger immigrants will help us top up the smaller cohorts of younger Singaporeans, and balance the ageing of our citizen population".
He said that the combination of an ageing population and fire service cuts meant that "the installation of sprinklers is perhaps the single most effective measure in protecting occupants of dwellings from fire".
Because of the global population ageing, the number and burden of strokes will increase.
Mr Neil highlighted the impact of the credit crunch on the budget, Scotland's ageing population, the rise in population and the increase of people living on their own on housing.
With 17.4% of Croatia's population over the age of 64, Croatia's ageing population and the impact that has on everything from pensions to creativity is a huge problem for the future.
To improve housing to ensure good health, and meet the needs of an ageing population.
The best solution to the economic problems of population ageing is for people to work longer.
Ill-designed pension systems magnify the effect of population ageing by creating incentives for people to retire ever earlier.
This is all the more worrying given the rapid ageing of Italy's population.
ECONOMIST: The Berlusconi era will haunt Italy for years to come
Its growth has been slowing for some time because of the ageing population.
ECONOMIST: Troubling trends behind the falling unemployment rate
The demands of an ageing population look staggering, unless today's systems are reformed.
ECONOMIST: The OECD and fiscal policy: Words of warning | The
They point out that the costs of an ageing population will weigh heavily on European budgets in the coming decades.
Looking to 2030, he fears that the burdens of an ageing population will eventually lead to upward pressure on inflation.
Given that uncertainty, and the spectre of an ageing population, it seems a sensible first step to save any surpluses.
ECONOMIST: Alas, a bigger surplus doesn��t bring better policies
Further policy efforts are required to achieve sustainable public finances in the medium term, particularly in the context of population ageing.
Like France and Italy, Germany suffers from a killer combination of an ageing population, low birth rates and generous pension provision.
There is concern over Italy's birth rate - the lowest in Europe - and the economic implications of an ageing population.
Three-quarters of this rise, he says, is due to cost inflation, and only about a quarter to the ageing of America's population.
The report suggests that many countries will find it difficult to contain the costs of population ageing by making mandatory pensions less generous.
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