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2nd Gen Ram Tech1994-2001 Rams: This section is for TECHNICAL discussions only, that involve the 1994 through 2001 Rams. For any non-tech discussions, please direct your attention to the "General discussion/NON-tech" sub sections.
If it's sloppy, there is probably supposed to be a bushing there. Check the end of the rod, and see if there is a hole for the cotter pin. Keep in mind, parts of it might still be in there, making it look like there is no hole.
In the parts manual, it looks like its a pin that keeps the rod in-place. Also looks like there should be a couple of small washers on there, too. See the attachment for the diagram and part numbers.