Relating to: correcting terminology for making additional contributions to the Wisconsin Retirement System; eliminating a social security account maintained in the public employee trust fund and removing a provision regarding liability for state employer social security remittances; and clarifying who may participate in an income continuation insurance plan provided by the Group Insurance Board (suggested as remedial legislation by the Department of Employee Trust Funds).

This bill updates Wisconsin retirement and insurance laws by clarifying terminology for additional contributions to the Wisconsin Retirement System and removing a specific social security account from the public employee trust fund. It also clarifies eligibility rules for income continuation insurance plans, allowing participation for those who have not reached age 70 while preserving access to health and life insurance for all eligible employees. Additionally, the legislation removes state liability for employer social security remittance debts and expands how employees can make voluntary retirement contributions through payroll deductions or other methods. These changes directly affect public employees, employers, and the state's retirement and insurance administration systems.