All current versions of Premiere Elements are capable of producing DVDs and BluRay discs.
It's the professional Creative Cloud that no longer supports Encore, Adobe's professional disc creation software.
The features removed from Premiere Elements 13 can be found in the following Adobe document
The program has been updated since it release. It is now 13.1 which includes a few new features.
From the burn to disc perspective - Premiere Elements 4, 7, 8, and 9 all include burn to: DVD-VIDEO on DVD disc and Blu-ray Disc format on Blu-ray disc.
Premiere Elements 10, 11, 12, and (current version) 13 include burn to: AVCHD on DVD as well as the DVD-VIDEO on DVD
and Blu-ray Disc format on Blu-ray disc.
With regard to
I hear that the latest version of Premiere Elements 13 no longer makes Optical Discs,
Could you indicate the source of that information?