How hard are you pulling on it to get it to do that? Will the lever still work?
One night years ago, when my '77 Camaro was still a used car, I hit a dip a bit faster than suspected and the front suspension bottomed out. I found the steering wheel on top of my thighs, although it was adjusted higher before the dip. I asked if that was normal the next day at work. Seems it is with enough of an impact. Otherwise, the adjustment operates with all of its positions and such, with no binding or resistance.
This might be something that is normal, but nobody tries to find out that it can be done?
Just some experiences,
CBODY67