The 37-year-old confirmed on Monday that he would be hanging up his boots with immediate effect after a 13-year spell with the Tigers.
"George has been a great servant of the club, and of professional rugby, for a long time," Cockerill told the club's official website. "He has played in some very successful teams and enjoyed many great days with this club.
To play so many games at the top level of the club game, as well as internationally, and with the competition he has faced throughout his career, shows just how good a player he has been."
Chuter retires having made nearly 300 appearances for Leicester. During that time he appeared in seven Premiership finals and four Heineken Cup finals.