When you retire, any outstanding QPP or TDA loan balance would be deducted from your funds in the corresponding program, reducing the amount available for your retirement. In addition, the balance would be considered a distribution, and any taxable portion of the balance would be subject to 20% withholding. TRS would take this withholding from any subsequent cash payment made to you from the corresponding program in the same tax year. This would be a loan at retirement, and if necessary, a QPP excess withdrawal to a Tier I or II member, or a TDA withdrawal. If the withholding due were greater than the subsequent cash payment, TRS would issue you a check in a nominal amount of $10 and would take the balance of the payment towards your withholding obligation.