Crossword Genius

Tree fellers formally will be senior citizens (8)

Ross

I believe the answer is:

aldermen

I'm a little stuck... Click here to teach me more about this clue!

'formally will be senior citizens' is the definition.
I can't judge whether this definition defines the answer.

'tree fellers' is the wordplay.
'tree' becomes 'alder' (alder tree is a kind of tree).
'fellers' becomes 'men' (I can't explain this - if you can you should give a lot more credence to this answer).
'alder'+'men'='ALDERMEN'

Can you help me to learn more?

(Other definitions for aldermen that I've seen before include "Civil dignitaries" , "Civic dignitaries" , "former councillors" .)

I've seen this clue in The Telegraph.
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