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The decision was taken after a meeting by the Ministry of Employment and Labour Relations, Ministry of Education, National Association of Graduate Teachers (NAGRAT) and the Ghana National Association of Teachers (GNAT).
A communiqué signed by the various stakeholders at a meeting on Wednesday said arrears for 2013 and 2014 will, however, not be paid, until authorities validate some payment processes which will begin on Thursday.
Teachers across the country have served notice of a strike on February 29, 2016 if government fails to pay them their outstanding arrears by the end of February.
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Government had subsequently met the various teacher unions on two different occasions to try and reach an agreement for the teachers to rescind their strike decision.
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With the recent agreement reached between the teachers and government, it is expected that the unpaid teachers will âreview their intended industrial action accordinglyâ.
The leadership of the teachers have however indicated that âThere is no room for rejoicing until the team comes out with a report.â