Agreed. The two larger circles in the diagram are the switch contacts, they are joined together when you press the button and disconnect when you release it. The pins marked + and - are the illuminating LED inside the switch body and the extra component is a current limiting resistor to protect the LED. The LED must be run on DC and must have the correct polarity, that's why the + is marked on the switch body. The resistor value depends on how much voltage you have available for the LED to use. Small LEDs like the one inside the switch all have a working voltage of about 1.6V so you have to use the resistor to drop whatever voltage you have down to about 1.6V. If we assume the LED draws 10mA current, the resistor value can be calculated with (Available voltage - LED voltage) / 0.01 with the result in Ohms. For example, if you have a 12V supply the value should be (12 - 1.6)/0.01 = 1040 Ohms, the value isn't critical so in practice you would use a 1K (1000 Ohm) resistor which is a readily available value.
Brian.