Here is a procedure that I found
Adjusting the Neutral Safety Switch
When making the adjustments, you may want to use
a multimeter. Set it to ohms + 1 so that when you
touch the leads together you get a full scale reading
or if the multimeter has a buzzer, you can use it to
check when the switch closes. When the switch
closes, you will get a full scale reading or a buzz.
Put the car on a lift or on jackstands so you can
easily get under the car.
Loosen the screws on the switch enough so you can
slide it but will stay where you put it. Use some
alligator clips with your meter leads and connect
them across the two center wires on the switch.
With the transmission in neutral, move the switch
until it closes and you get a full scale reading or a
buzz. Tighten the screws while watching the meter
to insure that the switch is still closed.
Follow the same procedure for the backup lights
with the ignition switch on and the transmission in
reverse. To check the backup lights you must
connect the meter to the other set of wires on the
switch that are used for the backup lights.
If you have trouble keeping the proper adjustment,
you may have a worn switch