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but without prejudice to his rights to any subsequent annuity to which he may be entitled. If before attaining the age of sixty a pilot in receipt of an annuity under paragraph 3 or 4 of subsection (a) is found by the Board to be no longer disabled as provided in said paragraphs his annuity shall cease upon the last day of the month in which he ceases to be so disabled. If after cessation of his disability annuity the pilot will have acquired additional years of service, such additional years of service may be credited to him with the same effect as if no annuity had previously been awarded to him.
(c) An annuity shall be paid under paragraph 1 or 5 of subsection (a) only if the applicant shall have relinquished such rights as he may have to return to the service of an employer and of the person by whom he was last employed. An annuity shall be paid to an individual pursuant to paragraph 2, 3 or 4 of subsection (a) after the individual will have attained the age of 60, only if such individual will have relinquished such rights as he may have to return to the service of an employer and of the person by whom he was last employed. 
(d) An annuity shall begin to accrue as of a date to be specified in a written application (to be made in such manner and form as may be prescribed by the Board and to be signed by the individual entitled thereto), but--
(i) not before the date following the last day of compensated service of the applicant, and 
(ii) not more than sixty days before the filing of the application.  
(e) No annuity shall be paid with respect to any month in which  an individual in receipt of an annuity hereunder shall render compensated service to an employer or to the last person by whom he was employed prior to