To a degree. If its bolts to the t-case are tight, but the rubber and metal bit moves around freely (within the constraints of the metal "surround") and makes a metal-on-metal jingling noise when you poke it... then it probably detached over time and is just resting in there. Probably causing a lot of metal on metal vibrating noise, too.
So... you can pull it, get a new one, or (what I did) shoot a bunch of soft epoxy between the metal part in the middle (on the underside - in the pic it looks like a dog bone) and the metal part adhered to that rubber telephone receiver lookin' thing. It silenced the noise mine was making and gave me a bit of peace of mind.
Hard to describe here, but with a new one you should be able to slide a pencil between the rubber phone receiver thing and the metal on the underside. With a spent one, you'll be able to pass a pencil above it between the top of the phone receiver thing and the metal mounting bracket.