Most likely, the center pin of the PV is soldered to a short wire going to a small pad on a circuit board. This wire will twist and break and has historically been a high failure point for many PVs.
Lifting the center pin has been about the most recommended method of reducing the life of your PV. There is NO WAY a lifted pin will FIRMLY seat against a carto center pin and make a good low resistance connection. It will just slide back down and make a very weak connection. Unless movement or vibration breaks the connection. Then it's lift the pin again, and again, and - - - -
The other option to removing metal from the connector shell of your PV is to remove some material from the shell of the tank.
Tolerances between different PVs and different tanks, attys or cartos of just a few thousandths of an inch can make the difference between a poor contact, a good contact with a little pressure applied to both insulators, or too hard a connection compressing and potentially damaging an insulator.
Stars pointed out how to monitor the progress with material removal. Watch the air slots as you work. I use a sheet of 400 grit silicon carbide sandpaper on a flat surface.
If it turns out to be the center pin of your carto or tank receding then it might be best to work on that. The last few thousandths of the carto shell are usually beyond the threading and do nothing but get close to shorting out anyway. Whatever method you use, work slowly and clean up any metal residue.
Here's another place to remove a little material to get center pins a little closer together.
I take a single edge razor blade and bevel the inside edge of the carto barrel section to provide a little more clearance to help prevent shorts.
What you are trying to accomplish is center pin contact just before the shells bottom out.
Maybe this would help.
to end up with this.
Every mod is different but this is the type of wire that is connected to the center pin.
There is probably NOT enough wire to get the center pin out, desolder it, replace the insulator, resolder the wire and push it back in. (the little red wire in the pic actually goes to a circuit board, but there is another one just like it that goes to the center pin. Get the point?)