Yours is a step further and you allow a small trifle of water to go into the over flow. When the pump kicks off the drain allows air into the system breaking the siphonSo typically you install a check valve on your return line as close to the pump as possible and when the flow is shut off, the check valve closes and it stops the back flow. HOWEVER, check valves are notoriously unreliable at sealing properly and preventing flow from making its way back to the sump.
Melves Reef came up with sort of a backwards check valve setup that Fin has implemented. In this setup the check valve is installed backwards, above the return height. When the return is running it presses water up against the check valve keeping it closed. The second you turn the return pump off, the pressure drop allows the check valve to open and this lets air into the return breaking the siphon and preventing water from draining back into the sump.
VIDEO: Melev's Reef Demonstrates the Anti-Siphon Reverse Check Valve!
Marc Levenson demonstrates the installation of a backwards / reversed check valve as an siphon break on return plumbing for your aquarium.www.reef2rainforest.com