reverse switch indicator pin on steering column

The part number does show up as available but be prepared for sticker shock.
If that pin is made of steel, one might pull the shifter hard enough to scatter the switch on the floor. The pin broke so binding in the switch may be the root cause. I would pull the switch and have a look at it. Cleaning and fresh lube could be doable.
I've cleaned the switch, it was gunked up, it now moves better, but then I noticed the pin flailing around...