This article explores the relationship between learning for older adults and volunteerism. It discusses how volunteerism among older adults may enhance their learning and the kinds of benefits and challenges they encounter in their work for employing authorities. Usually, this co-operative arrangement is based on a premise of a “win-win” situation in which the volunteer builds up further knowledge and skills at the same time as the goals of the agency are fulfilled. Yet there are opportunities and constraints which operate in dynamic workplaces wherein the role of volunteer can be marginalised. The article analyses some factors which function as enhancers or limitations for older volunteers in their work and learning.