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Check the relay on the firewall by the brake booster (possible short due to shrinking of the wire insulation). Also check the "T" bolt under the OD switch. It could be out of adjustment or even missing.
Just a couple of thoughts
hey, ive got an 86 with a similer problem,the light comes on once in awhile,never when i presss the button,i read the 101 projects book and climbed under to find i dont have all those wires on my tranny,only backup light wires to tranny,no second gear switch.is there another way to hard wire the button to work when activated,please help