It's hard to see on my practically failed MagSafe adapter but the pin (indicated by the arrow) is slightly lower than the opposing pin. All pins are spring-loaded. The outer two pins are designed to stick out further than the inner three (which supply power). I believe they let the Mac know that the cable is connected. The center pin, presumably ground, sticks out slightly further than the highlighted pins (presumably V+).
After working some alcohol into the adapter and pressing the pins in repeatedly, I was able to have the two highlighted pins advance further than what they had been doing. The connection is still sporadic. I think a few repeated alcohol baths may help some, but the flaw is more than likely the springs getting weak to the point where there is not a good seat between the pins and that MacBook. I'm using a backup adapter now that is working flawlessly.