RETIREMENT/TEACHERS: Provides relative to the optional retirement plan and defined benefit plan for the Teachers' Retirement System of Louisiana (EN SEE ACTUARIAL NOTE APV)

This bill amends the text of an existing act related to the Teachers' Retirement System of Louisiana by making specific wording changes. The primary effect is to clarify the names of the retirement plans involved, ensuring the optional retirement plan and the defined benefit plan are explicitly identified. Additionally, the bill corrects a grammatical error by changing "employers" to "employer's" and adds the word "on" to two other instances within the document. These adjustments are administrative in nature and do not alter the substantive rules or funding for the retirement system.