US SB3924

Allows disabled individuals who have not reached early retirement age to elect to receive Social Security Disability Insurance (SSDI) benefits during the standard 5-month waiting period, rather than waiting until after it ends

Individuals electing early benefits receive a permanently reduced benefit amount of 94.25% for the first 36 months of the program, with the percentage recalculated every 5 years by the Chief Actuary to maintain actuarial neutrality to the Disability Insurance Trust Fund

Elections must be made in writing within specific timeframes: within 45 days of the effective date for pending applications, within 10 days of filing for new applications, or at reconsideration/hearing request stages

Representative payees may revoke or confirm an individual's election within 10 days of being selected; individuals may also revoke their own election during specified periods

Requires the Commissioner of Social Security to update disability application forms within 180 days of enactment and provide a public online calculator showing the effect of early election on benefit amounts