Assuming you have Loctite, preferably 243, and some oil,
I'd loosen the pivot screw out,
apply Loctite to threads,
reassemble to a loose fit,
lube pivot,
then slowly (1/8 turn or so at a time) adjust pivot till the blade starts to get stiff operating,
back off a 1/10 turn, and
let the loctite set up.
Some knives a rather touchy to pivot screw tension.