The former captain has been added to the Legends squad that was announced earlier in February and is set to line up alongside the likes of Jamie Carragher, Dirk Kuyt, Sami Hyypia, Daniel Agger and Robbie Fowler on Saturday March 23.
Milan’s 26-man roster, meanwhile, includes iconic names such as Kaka, Andrea Pirlo, Paolo Maldini, Cafu and Alessandro Nesta for a game that will raise funds for LFC Foundation, the club's official charity.
Gerrard said: “The LFC Legends game is always a great day with a fantastic atmosphere; I get to catch up with old teammates and play alongside footballing legends while raising money for a fantastic cause, the LFC Foundation.