A method for time synchronization on a passive optical network is disclosed, including: an optical line terminal (OLT) receives clock information sent by a first optical network unit (ONU); the OLT adjusts local time of the OLT according to the clock information, to implement clock synchronization between the OLT and the first ONU; the OLT sends the clock information to a second ONU, to implement clock synchronization between the second ONU and the OLT. The OLT in an embodiment of the present invention does not need to obtain clock signals from an upper network and the clock information does not need to be transmitted in a multi-level mode over a packet network; therefore, the precision of ToD can be greatly increased.